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AI-Powered HRTech Sesame Raises $25M Funding to Accelerate Its Global Reach

By
Jaswinder Singh
-

Sesame, a Valencia-based startup in the field of human resources management, has recently announced a significant milestone. The company has successfully raised $25 million (€23 million) in a fresh funding round, led by GP Bullhound funds with the participation of PSG. This substantial investment will be strategically utilized to enhance the company’s software capabilities, introduce new verticals, and expedite its global expansion.

Additionally, Sesame plans to launch new financial features, such as expense tracking, payroll advances, and flexible compensation, further solidifying its position as a comprehensive HR management solution in the market.

Sesame aims to offer a complete platform that not only digitizes HR tasks but also supports professional growth, employee wellness, and the development of a corporate culture. The company claims it is one of the top choices for HR solutions in Spain, serving many clients. Since its inception in 2015, it also claims to have seen fast expansion. With over 8,000 clients globally, the platform serves over 300,000 users, helping companies understand their employees and crafting tailored work environments.

Speaking about the company, Albert Soriano, CEO of Sesame, said:

In Spain, different software is expected to be used to manage various human resources and finance tasks. Digitalization is already a reality, and the market is quite mature. We are encountering companies that demand an “all-in-one” solution that facilitates access and centralizes what they now have in different tools on a single platform. Another benefit that this round of investment will bring us is the opportunity to expand and improve the use of artificial intelligence at Sesame.

With the infusion of this new funding, Sesame is poised for significant growth. The company plans to expand its team and double its workforce within the next year. It is actively seeking diverse candidates, including software developers, AI specialists, marketers, and sales professionals, to join its ranks and contribute to its continued success.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

Make your Moodle course look cleaner & sexier with Soft Course Format

By
Jaswinder Singh
-
Make your Moodle course look cleaner & sexier with Soft Course Format
Make your Moodle course look cleaner & sexier with Soft Course Format

Moodle is world’s most popular open source learning management system with more than 410 million users all around the world. With more than 2,200 free to use plugins, the Moodle LMS offers a wide variety of customization. There are more than 52 different types of Moodle plugins supported and available in the plugins repository.

In this post, we will discuss about the Soft Course format which can make your course looks cleaner & sexier with clutter free course experience for your students. The soft course format display sections with only an image and an optional text on the course homepage. The students will not see the details of section items such as activities and resources inside it on the course page.

With this design, this course format goal is to present the course quickly with just the main information about the sections (title of the section). You can also add a description to describe your course. The sections will also show numbers of activities for each section as well as a progress bar. You can also add a table of contents as well as hide all sections.

You can download the Soft Course format plugin from the official plugins repository here. Which additional course format you are using on your Moodle site? Please share with us in the comments section below.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

D2L Raises $85M in Series B Round to Expand Into New Markets

By
Jaswinder Singh
-

Desire2Learn Incorporated (D2L), the EdTech company that created Brightspace, the world’s first truly integrated learning platform (ILP), has announced that its parent company, D2L Inc., has closed an $85 million Series B round. Silicon Valley Bank also provided debt financing in this round, raising the company’s total funds to $165 million.

With this investment round, the firm plans to expand its market leader position. It has recently unveiled significant updates to its cloud-based integrated learning platform and launched several new technologies to improve education, including a predictive modelling and data visualization engine to help instructors keep learners on track for success, an innovative adaptive learning engine to personalized learning paths, a new eTextbook platform with expanded publisher partnerships and a new game-based learning engine. 

Speaking on the fundraising, John Baker, President and CEO of D2L, said: 

D2L is committed to helping clients address the biggest challenges facing education and workforce development. By developing solutions that improve learner achievement, increase retention rates and inspire greater engagement, we’re empowering our customers to help learners reach their full potential. This latest round of funding will help us scale faster globally, expand our services and continue to deliver solutions that personalized learning.

D2L works with thought-leading organizations to improve learning through data-driven technology that helps deliver a personalized experience to every learner, regardless of geography or ability. Its open and extensible platform is used by more than 1,100 clients and 15 million learners in higher education, K-12, healthcare, government, and the enterprise sector, including Fortune 1000 companies. It operates in the United States, Canada, Europe, Australia, Brazil, and Singapore. The D2L family of companies includes Desire2Learn Incorporated, D2L Ltd, Desire2Learn Australia Pty Ltd, D2L Europe Ltd, Desire2Learn Singapore Pte Ltd, and D2L Brasil Soluções de Tecnologia para Educação Ltda.

Jon Sakoda, a partner with New Enterprise Associates, stated:

The education industry is undergoing a technology renaissance unlocked by cloud computing, digital content, mobile devices and big data analytics. We have seen tremendous adoption of D2L’s cloud-based learning platform in higher education, K-12 and the corporate sector. This round of funding should enable the company to expand its global presence further.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

SecureMyScholarship Raises $550k in Bridge Funding Round for Growth and Expansion

By
Jaswinder Singh
-

SecureMyScholarship, a Dubai-based EdTech platform that connects students with scholarship opportunities, has raised $550,000 in a bridge funding round, which values the company at $6 million. Since its launch in November 2021, SecureMyScholarship has been on a mission to democratize education. Its unique approach connects students with guaranteed fee waivers and scholarships at prestigious universities in Dubai, the USA, and the UK.

The company have listed 414 universities on its platform, including almost all private universities in the UAE, over 220 in the USA, and over 150 in the UK. As of March 2024, it has disbursed over $8.2 million in scholarships, helping over 1,500 students fulfil their dreams of studying at top universities worldwide.

Speaking about the demand for the startup’s services, Craig Fernandes, Co-founder and CEO of SecureMyScholarship, said:

Our platform is 100% free for students applying for scholarships in UAE, and for students applying for scholarships in the USA and UK, we charge a nominal one-time subscription fee of $50. Aside from scholarship support, our team helps students with loan applications, visa applications, and university application submissions.

The universities themselves fund the majority of scholarships listed on the platform. SecureMyScholarship also provides students with unique, promotional scholarships that are offered to students throughout the calendar year. In some cases where the university is not offering a scholarship, the platform will fund it.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

Registrations open for MoodleMoot Global 2024!

By
Jaswinder Singh
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Registrations open for MoodleMoot Global 2024!
Registrations open for MoodleMoot Global 2024!

MoodleMoot Global 2024 will take place in Mérida from Tuesday, October 22 to Thursday, October 24 2024. The registrations to participate in the MoodleMoot Global 2024 are open now and all interested persons can book their seat.

The MoodleMoot Global 2024 will be moving to Mexico instead of Spain where it was held for multiple years. MoodleMoot Global 2024 will explore the theme, ‘Unlocking human potential’, where we will commemorate the power of learning and its impact on shaping the world.

Early Bird Registrations open for MoodleMoot Global 2024

You can register now and benefit from early bird discounted rates! The early bird registration deadline is July 16 (UTC-6). This year’s program will include keynote sessions and presentations, workshops and three Jam sessions: the developer Dev jam, learning designer jam, and UX jam – which are an opportunity to collaborate with your peers and grow your skills.

Registered attendees will have the opportunity to book a free place to attend one of the Jam sessions, which are integrated into the program from October 22-24. Places for the Jams are limited, so we recommend you book early to secure your place!

Check out the official MoodleMoot Global 2024 here.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

Milan-Based Futura Raises $15M in Series A Funding

By
Jaswinder Singh
-

Futura, an AI-powered education technology company, has recently announced that it has successfully raised $15 million (€14 million) in Series A funding. Co-founded in 2020 by Andrea Chirolli, Francesco Salvatore, and Lorenzo Pinto, Futura has developed an innovative algorithm that personalises and optimises students’ learning trajectories. This algorithm replicates the experience of working with a highly skilled private professor, resulting in impressive outcomes.

The company claims that students using the platform have a 3.5 times higher chance of passing tests than traditional learning methods. Its innovative algorithm optimises and tailors the study method to their unique needs. Moreover, the algorithm automatically addresses students’ inquiries, making customer support more efficient and faster.

Speaking about the company, Andrea Chirolli, Co-founder of Futura, said:  

We have a strong proven track-record on growth, but what counts are our people. We set a different standard, and this is what drives our success. Why I love working at Futura: we have a very high bar, and we’re kind with each other. I firmly believe these two go hand in hand, and this is what makes us attract top talents.

The startup believes that traditional education methods need to be updated and keep up with the potential of modern technology. It views AI as a game-changer in the EdTech space, enabling personalised learning at scale and an affordable price, thereby making education more accessible to all.

Alexandre Dewez, Vice-President of Eurazeo, added:

We’re convinced that Futura provides a value-added solution for the entire education ecosystem in Italy. We’re thrilled to partner with Andrea, Lorenzo, Francesco and the rest of the Futura team, leveraging its unique AI capabilities to build the next education leader in Europe.

To further enhance the learning experience, Futura has developed Alice. This AI-powered virtual tutor uses large-language models to generate customised explanations and learning materials tailored to each student’s level, knowledge, and learning style. As per the company, this product will significantly impact education and help the next generation of learners multiply their learning speed. It is well-positioned to lead the charge in this new era of EdTech, making education more personalised, efficient, and accessible to all.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

Vietnam-Based Prep Raises $7M in Series A Funding to Fuel Expansion

By
Jaswinder Singh
-

Prep, a Vietnam-based educational technology company specializing in language learning and test prep has raised $7 million in Series A funding round. This substantial funding will be instrumental in expanding Prep’s team, enhancing its learning tools, and exploring opportunities to expand its product offerings and geographical footprint. The company is committed to delivering more personalized learning experiences to its growing user base while maintaining profitability.

Founded in 2020 by Tu Pham and his close friend Nam Tran, Prep aspires to become an established company with the most cutting-edge test preparation platform. Its unique features, such as personalized study plans, interactive learning content, and AI-powered test and role-playing rooms, stand out. These innovative tools are designed to assist all students in reaching their highest goals in the shortest amount of time and at the most affordable price, through dedication, creativity in technology, and innovation in educational approaches. The platform gains popularity and becomes a widely used, efficient learning and practicing tool both domestically and abroad.

Tu Pham, CEO of Prep, shared the company’s vision and mission:

Prep aims to provide every learner with a dedicated personal teacher and mentor to assist them in achieving their learning objectives. This new investment is a significant step towards realizing this vision. Despite being only four years old, Prep has managed to attract hundreds of thousands of users, with its proprietary AI technologies like the AI-powered Virtual Speaking and Virtual Writing Rooms enabling rapid scalability and cost-effective education delivery.

MJ Yu, Managing Director of Cercano Management Asia, commented:

Quality education made more accessible through technology has been a segment of our emphasis. Prep’s application of technology to drive positive outcomes for language learning and standardized test preparation has been one of the best we have seen from the region. We are very excited to continue supporting Prep as it becomes a leader in this space, expanding its offerings for other languages and other countries in the region.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

BigBlueButton 2.7 released with multiple improvements

By
Jaswinder Singh
-
BigBlueButton 2.7 released with multiple improvements
BigBlueButton 2.7 released with multiple improvements

BigBlueButton 2.7 version is released with multiple improvements and added support for extra locales and other improvements. The open source web-conferencing solution is used by many universities, corporates to deliver effective online classes.

The BigBlueButton 2.7 version fixes a CSS bug that sometimes prevented interaction with the create breakout dialog. In addition, it also includes lots of miscellaneous fixes to media handling.

BigBlueButton 2.7 offers users improved usability, increased engagement, and more performance.

  • Usability – making common functions (such as raise hand) easier
  • Engagement – giving the instructor more ways to engage students
  • Performance – increasing overall performance and scalability

Here is the list of all new features and improvements included in BigBlueButton 2.7 version.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

Moodle 4.4 – Early Bird award up for grabs for Plugin developers

By
Jaswinder Singh
-
Moodle 4.4 - Early Bird award up for grabs for Plugin developers
Moodle 4.4 - Early Bird award up for grabs for Plugin developers

Moodle 4.4 – the latest version of the Moodle LMS is available for everyone since its initial release. The new LMS version is packed with a lot of exciting features and improvements. However, if you are planning to upgrade your Moodle site, you need to make sure to have all plugins also compatible with the latest version before you scheduled your upgrade.

Moodle HQ always promotes the plugin developers to have their plugins compatible with every major version release through the Early Bird badge. The Early Bird badge is awarded to plugins who get a compatible version within a specified timeline after the release of a Moodle version.

Following similar ritual, Moodle HQ has announced the Early Bird 4.4 for all plugins developers. Plugins will be awarded with the Early bird 4.4 badge if they have a tested working 4.4 compatible version available on Friday 10 May 23:59 UTC.

For more details about participating in the Early Bird 4.4 – please check out the official post here.

As of writing of this article, there are more than 197 plugins who are already having a Modle 4.4 compatible version in the plugins repository.

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

Brazil-Based Yuna Raises $1.6M in Pre-Seed Round

By
Jaswinder Singh
-

Yuna, a Brazilian AI-powered educational technology platform, has raised $1.6 million in a pre-seed round led by Canary. The funding round also saw participation from Positive Ventures. With this investment round, the company plans to develop its technology further, grow its team, and consolidate its brand.

Yuna, founded in 2023, leverages artificial intelligence to create interactive and personalized children’s books, promoting reading habits during formative years. The platform provides customized stories that bring the whole family to realms of fantasy. Due to its creativity mode, children can effortlessly construct stories to fit any circumstance. It fosters children’s love of reading and their capacity for imaginative play. The app helps families spend precious and treasured time together. One can relax knowing that the firm’s fundamental values are accountability and safety.

Louis Markham, founder of Yuna, shared the company’s vision:

Research around the world links low reading rates to a negative impact on children’s imagination, critical thinking, and cognitive ability. There is a big challenge in encouraging this audience to read due to competition with new technologies, and we don’t want to fight against them but instead use them to bring reading back into the routine playfully and interestingly.

Yuna’s impact is tangible, with over 40,000 families benefiting from its innovative approach. The mobile app, which has garnered a 5-star rating in the App Store from over 100 reviews, is not just a tool for reading but a gateway to imagination and creativity for children.  

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

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We are not associated with Moodle HQ or any such organizations.