Kidaptive is an education gaming company that went through Zynga’s New Schools accelerator Co.Lab. Kidaptive has raised $10.1 million in Series B funding. Formation 8 led this round of funding. Menlo Ventures and Stanford University’s StartX accelerator also participated in this round. Kidaptive’s first app Leo’s Pad has interactive stories to test the kids and gives parents data about their educational growth. Kidaptive will be using the new funding to finance 25 animated episodes for Leo’s Pad.
Stanford University Posts
Elon Musk, the CEO of Tesla Motors and SpaceX, has won the Entrepreneurial Company of the Year (ENCORE) award from the Stanford Graduate School of Business. Stanford has awarded ENCORE for the last 36 years. The award was given to Musk on October 2nd. Above is a video of the award being given to Musk.
Stanford University, the Stanford Hospital & Clinics, and StartX has announced a three-year partnership in the form of a $1.2 million yearly grant to support entrepreneurial education and Stanford entrepreneurs. In a note to Pulse 2.0, StartX reported that this $3.6 million grant is called the Stanford-StartX Fund.
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As we all know, Stanford University is known for having a strong entrepreneurial ecosystem. Stanford alumni is known for starting amazing companies like Google, Trader Joe’s, Dolby Labs, Yahoo!, Netflix, Electronic Arts, Hewlett-Packard, Nike, Wipro, IDEO, Instagram, PayPal, etc. It only makes sense that a business development accelerator program launched at the school. StartX is a non-profit organization that spun out of Stanford and has helped accelerate the development of some of Stanford’s best entrepreneurs with a range of ideas from bio-tech to enterprise software. Members of the StartX program include undergrads, professors, and post-docs. This past week, Stanford hosted the Demo Day for their Summer 2013 startup class.
Duck Duck Moose is an mobile application company that focuses on building educational games that has raised $7 million in Series A funding. DDM is known for building interactive games that include stories and music. DDM consults with teachers and students to make sure that the games exceed expectations. Some of their games include Draw and Tell, Word Wagon, Blue Bear, and Princess Fairy Tale Maker. The company’s 14 paid apps have been downloaded 2.4 million times. This round of funding was led by Sequoia Capital and Lightspeed Venture Partners. Stanford University also participated in this round.
Laurene Powell Jobs is the window of Apple co-founder and CEO Steve Jobs. Laurene is joining the board of trustees at Stanford University. Laurene was elected for a five-year term that will start October 1st. Laurene attending business school at Stanford and got her MBA in 1991.
Coursera is a one year old startup company that was founded by scientists at Stanford University. Coursera has announced that they have raised $22 million in funding. This fall Coursera will offer 100 or more massive open online courses (MOOCs), which is expected to bring in millions of students globally.
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Facebook will be paying $10 million to consumer groups and privacy advocates to settle the “Sponsored Stories” case. A federal judge still has to sign off on the settlement. Facebook reported last month that they would be settling the lawsuit. It is unknown which consumer groups and charities will be getting the $10 million.