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Education Development Center (EDC)
EDC is a global nonprofit organization that designs, delivers and evaluates programs to address education, health and economic challenges.
About Education Development Center (EDC)
Education Development Center (EDC) was founded in 1958 by a group of educators and researchers who were passionate about improving education. Among the founders were Jerrold Zacharias, a physicist, and physicist Philip Morrison, who were instrumental in shaping the organization's early direction.
EDC began with a focus on developing innovative educational programs and materials, particularly in the fields of science and mathematics. Over the years, the organization expanded its scope to include a wide range of educational initiatives, addressing issues such as literacy, health, and workforce development.
One of the significant milestones in EDC's history was its involvement in the development of the "Man: A Course of Study" curriculum in the 1960s, which was a groundbreaking program that integrated anthropology and social studies for middle school students. This project highlighted EDC's commitment to interdisciplinary approaches and its ability to influence educational practices on a national scale.
Throughout its history, EDC has been involved in numerous international projects, working with governments and organizations around the world to improve educational outcomes. This global reach has been a defining characteristic of EDC, allowing it to adapt and respond to diverse educational needs.
Today, EDC continues to be a leader in educational innovation, leveraging technology and research to address contemporary challenges in education. Its journey from a small group of visionary founders to a global organization underscores its enduring impact on education and its commitment to fostering learning and development worldwide.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 1958
- Headquarters
- Waltham, United States
- Employees
- 4,338
- Open positions
- 4
- Dealroom signal
- 26.0/100
- Industry
- Education
- Sector
- Edtech, Online Courses, Corporate Learning, Lifelong and Consumer Learning
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest Sep 2022
- Capital deployed
- $7.3M
- Preferred round
- GROWTH EQUITY VC
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Oct 2013 | $14M | $56M | Undisclosed | — |
| EARLY VC✓Equity / VC | Oct 2010 | $5.6M | $22M | US National Science Foundation | — |
Growth signals
Latest recorded traffic for Education Development Center (EDC) is 380K monthly website visits, up 137.5% over the last three months. Education Development Center (EDC)'s team grew 0% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
US National Science Foundation
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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