SOURCE: Full Measure Education

Full Measure Education

May 03, 2016 10:05 ET

Full Measure Education Announces $6 Million Additional Series B to Further Develop Next-Generation Student Success Solution

New Technologies Continue to Redefine Post-Secondary Education

WASHINGTON, DC--(Marketwired - May 3, 2016) - Full Measure Education Inc., the education technology innovator redefining the landscape and culture of post-secondary education, closed $6 million in additional Series B financing. The round was led by Safeguard Scientifics, Inc. (NYSE: SFE), a venture capital firm investing in emerging enterprises that develop groundbreaking products and services.

Full Measure Education will use this funding to support continued growth as it seeks to expand the functionality of its cutting-edge technology. Full Measure's data-rich solutions provide unprecedented capabilities for defining, guiding and monitoring success. Beyond offering a customizable communications platform, Full Measure provides predictive behavioral analytics, personalized mentorship, and powerful data-based insights into student risk factors. This latest investment will not only enable Full Measure Education to scale existing partnerships, but also to make product enhancements that will benefit students and administrators alike.

"We're proud to once again partner with Full Measure Education as they expand their comprehensive student success partnerships," noted Erik B. Rasmussen, Managing Director of Technology at Safeguard Scientifics, and member of Full Measure's board of directors. "Full Measure's work to design simple solutions for post-secondary institutions and their commitment to creating personalized pathways for student success are commendable and important. Safeguard is proud to continue supporting the efforts of Full Measure Education as they work side-by-side with the academic community and students to redefine the landscape of higher education."

Full Measure Education has more than doubled its client base this year and features a diverse portfolio of schools nationwide, including recent additions Brazosport College, Tompkins Cortland Community College and Eastern West Virginia Community and Technical College. With the launch of Full Measure's technology, administrators received a comprehensive view of the student lifecycle, year-over-year persistence improved and institutions experienced an exponential increase in student engagement.

"We believe that post-secondary institutions have a powerful opportunity to make the future happen for today's students by turning the lengthy processes associated with acquiring a degree into manageable steps. Full Measure recognizes that every student takes a different path to success and we want to be there to pave the road ahead," said Greg Davies, CEO of Full Measure Education. "We're excited to share the incredible outcomes from our first partners and to continue providing tailor-made technology for post-secondary institutions nationwide."

About Full Measure

Headquartered in Washington, DC, Full Measure Education designs next-generation, mobile-first technologies for community colleges nationwide. Our Guided Pathways Management system offers post-secondary institutions with an easy, holistic approach for personalizing every student's path to success. The Full Measure Education team is composed of seasoned educators and technologists prepared to work side-by-side with your leadership and academic community to provide unprecedented capabilities for defining, guiding and monitoring success. For more information, please visit www.fullmeasureed.com.

About Safeguard Scientifics

Safeguard Scientifics, Inc. (NYSE: SFE) has a distinguished track record of fostering innovation and building market leaders. For six decades, Safeguard has been providing growth capital and operational support to entrepreneurs across an evolving spectrum of industries. Today, Safeguard is focused specifically on two sectors -- healthcare and technology. Specifically, Safeguard targets early- and growth-stage companies in advertising technology, digital media, financial technology, enterprise software, Internet of Things, devices, diagnostics, digital health and healthcare IT. Currently, Safeguard has 26 partner companies located throughout the United States with operations and customers worldwide. Recent successful exits include Alverix (acquired by Becton, Dickinson for $40 million); Crescendo Bioscience (acquired by Myriad Genetics for $270 million); NuPathe (acquired by Teva Pharmaceutical Industries for $144 million); and ThingWorx (acquired by PTC for initial proceeds of $112 million). For more information, please visit www.safeguard.com or Follow Us on Twitter @safeguard.

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