News Article | October 28, 2016
New Markets Venture Partners, a thirteen-year old venture capital firm focused on investing in high impact education companies, today announced the addition of Jason Palmer, former Deputy Director at the Bill & Melinda Gates Foundation, as a General Partner. Just this week, the firm closed initial funding of $30 million in its second education fund with participation of limited partners from its first fund, which invested in edtech standouts like Starfish Retention Solutions (acquired by Hobsons) and Moodlerooms (acquired by Blackboard). “Jason’s background is truly unique among investors in the space today, given his experience as an entrepreneur, executive and grantmaker,” said Mark Grovic, Co-founder and General Partner. “He understands that social impact and economic returns are inextricably linked, and pairs a deep commitment to the education sector with a proven track record of identifying transformative technologies that can drive education innovation. In addition, Jason really connects with entrepreneurs who are pioneering innovative solutions to big education problems, which fits perfectly with New Markets’ culture.” At the Bill & Melinda Gates Foundation, Palmer led the Postsecondary Discovery team, investing in early-stage, evidence-based strategies designed to improve the outcomes for low-income, minority and first-generation college students. During Palmer’s nearly three years as Deputy Director, the Gates Foundation higher education team invested more than $200 million into the nation’s leading colleges, universities and entrepreneurs pursuing institutional transformation, digital and adaptive learning, integrated planning and advising, predictive analytics, financial aid, competency-based learning, credit transfer, marketable credentials and employer pathways. “Mark and Robb each have twenty year track records as successful double-bottom line investors,” said Jason Palmer. “Their portfolio serves more than 16 million students in the U.S., and these are mission-driven organizations focused on improving student outcomes and delivering competitive returns for investors. I’m proud to be joining a team with deep knowledge of education technology and decades of experience.” Prior to joining the Gates Foundation, Jason founded and grew three investor-backed technology companies before holding a series of executive positions at Microsoft, SchoolNet (acquired by Pearson), Kaplan and StraighterLine. At Microsoft, Palmer served as product manager for the world’s first tablet-based learning platform. At SchoolNet, Palmer led the company’s business development team, negotiating and growing key partnerships with Scantron, Kaplan and Princeton Review. At Kaplan, Jason led three education businesses as general manager or president, in addition to founding and leading the company’s venture capital effort. Over the past few years, New Markets Venture Partners has invested in a number of leading education companies, including American Honors, Calvert Education, Civitas Learning, Credly, Graduation Alliance, Fishtree, Kickboard, Moodlerooms, Noodle Partners, Presence Learning, Questar Assessment, Regent Education, StraighterLine and Think Through Learning. Palmer joins existing co-founders and General Partners Mark Grovic, Robb Doub, and Don Spero, Partner Elizabeth Chou, along with Senior Advisors Jim Shelton, Brit Kirwan, Josh Reibel, Russell Greiff and Ben Wallerstein. About New Markets Venture Partners Founded in 2003, New Markets Venture Partners is an early and growth stage venture capital firm that invests in impact-oriented education, information technology and business services companies. Its deep expertise across both K-12 and higher education enables the team to identify the most impactful companies and extend the reach of its portfolio to improve student outcomes at scale. For more information, visit: http://www.newmarketsvp.com.
News Article | February 28, 2017
FREDERICK, Md., Feb. 28, 2017 /PRNewswire/ -- Regent Education, the leader in automated financial aid management and enrollment optimization solutions, today announced it has completed an $8.5 million round of funding with participation from both new and existing investors, as well as...
News Article | February 23, 2017
FREDERICK, Md., Feb. 23, 2017 /PRNewswire/ --Regent Education, the leading provider of financial aid and enrollment management software solutions, recently elevated Jim Hermens to the role of CEO, succeeding Randy Jones. As CEO, Hermens will lead Regent's growth strategy and oversee a...
Naskar P.K.,MCKV Institute of Engineering Liluah |
Khan H.N.,Regent Education |
Chaudhuri A.,Jadavpur University
International Journal of Network Security | Year: 2016
This paper presents a key based secured (k; n) threshold cryptography where key is used to encrypt the secret and then the secret as well as key is shared among set of n participants. In sharing phase, each secret byte is selected randomly from secret fields depending upon the key. That provides additional protection of the secret data. Also, each share has some bytes missing and these missing bytes can be recovered from a set of exactly k shares. Thus a given byte position can be confirmed for any k shares, but not less than k. Hence k shares are required to give back the secret. As a result, the generated shares are compressed and if k is closer to n then the compression ratio is increased. That provides strong protection of secret data. At the reconstruction phase only when a qualified set of legitimate shares comes together then reconstruction is possible. The proposed scheme is described in detail along with its security analysis, such as key sensitivity analysis and statistical analysis. This scheme has been tested using different images to prove that the scheme has great potential and has a good ability to achieve the confidential security.
Sen A.,Bengal Engineering and Science University |
Chatterjee T.,Regent Education |
DasBit S.,Bengal Engineering and Science University
Wireless Networks | Year: 2016
Nodes in a wireless sensor network (WSN) are generally deployed in unattended environments making them susceptible to attacks. Therefore, the need of defending such attacks is of utmost importance. The challenge in providing security in this network is that the securing mechanism must be lightweight to make it implementable for such resource-constrained nodes. A robust security solution for such networks must facilitate authentication of sensor nodes. So far, only data authentication has drawn much attention from the research community. In this paper, a digital watermark based low-overhead solution (LoWaNA) is proposed for node authentication. The proposed watermarking technique consists of three modules viz. watermark generation, embedding and detection. The robustness of the algorithm is measured in terms of cracking probability and cracking time. This robustness analysis helps us to set the design guideline regarding size of watermark. Performance of the scheme is analyzed in terms of storage, computation and communication overhead. The analytical results are compared with two of the existing schemes and that show significant reduction of all such overheads. Thus it proves the suitability of the proposed scheme for resource-constrained networks like WSN. Finally the entire scheme is simulated in Cooja, the Contiki network simulator to make it readily implementable in real life mote e.g. MICAz. © 2016 Springer Science+Business Media New York
News Article | July 7, 2014
College enrollment and financial aid management tool Regent Education has raised $9 million in its latest round of funding to help colleges handle student enrollment and process the many ways they pay for school. “Increasingly, all types of institutions are turning to non-traditional enrollment models such as non-term, self-paced, and competency-based education to meet students’ changing needs,” Robb Doub, General Partner at New Markets Venture Partners, which has invested in the company, said in a press release. “Regent’s financial aid management system, Regent 8, is the only solution on the market today that can fully support these models.” The funding includes a $4 million raise in equity financing, with New Markets Venture Partners leading the round. New Markets has invested in a number of education tech startups, like Calvert Education Systems, which provides digital lessons for homeschooled kids, and news service Mashable. Ares Capital provided $5 million of debt financing. The company will use the funds to further develop its array of products for administrative tasks.
News Article | March 23, 2015
N2N Services, a leading technology company focused on the educational technology ecosystem, has recently entered into partnership with three companies, Instructure, DecisionDesk and Regent Education, to facilitate product integration. Kiran Kodithala, President and CEO of N2N Services, announced these partnerships on March 11th at SXSWedu. By partnering with N2N Services, these software developers and Software-as-a-Service (SaaS) providers gain the ability to use N2N’s experienced personnel and powerful software integration tools with their own products letting them gain a smoother, more connected user experience that allows for transaction monitoring and error management. N2N Services’ recently released Integration Cloud (NIC) allows education technology companies and institutions to easily and smoothly link together disparate systems that would normally require customized connections. The cloud-based integration platform uses turnkey integration, “concierge-style” to minimize the impact on companies’ and institutions’ staff and limited resources by eliminating the need for personnel trained in complex Enterprise Service Bus implementations. It also provides adaptors for commonly used systems such as Student Information Systems (SIS) and Learning Management Systems (LMS), as well as providing a platform for N2N to craft specialty adaptors for both legacy systems as well as more unique, non-standard systems. Most technologists will agree that the optimal way to integrate both SaaS and on-premise systems is to use an Enterprise Service Bus, coupled with adapters and process management, a task N2N is perfectly positioned to perform. Now, N2N's new partners gain access to this expertise allowing them to more easily link their own systems to those of their clients as needed. This gives N2N's partners the ability to function in a much more flexible fashion, and focus their resources on designing and improving their own products, leaving integration details to N2N. Instructure: The software-as-a-service (SaaS) company that created the innovative Canvas learning management system (LMS), Canvas Network, and Bridge, a learning and engagement platform for enterprises. DecisionDesk: The provider of an easy and flexible way to receive and review student applications, including management of application portfolios. Regent Education: The leading provider of software solutions designed to optimize the financial aid and enrollment processes for schools using BBAY and non-term enrollment models.
News Article | July 7, 2014
According to a press release, Regent Education, a Frederick, Maryland-based provider of financial aid management software solutions for higher education institutions, closed $9m funding round. The company closed a $4m Series C equity financing from New Markets Venture Partners and Chrysalis Ventures while Ares Capital Corporation provided $5m of debt financing. The company intends to use the funds to accelerate its growth. Founded in 2006 and led by Randy Jones, CEO, Regent Education provides a software-as-a-service financial aid management system, Regent 8, and a variety of other solutions for colleges to attract more students and manage the onboarding and administration of students more efficiently. The platform integrates with a variety of other systems that institutions use to manage their operations.
News Article | July 7, 2014
Here are the day’s funding stories: Online storage startup Box just raised $150 million from private-equity firm TPG, reports the Wall Street Journal. The investment firm was reportedly in talks with Box in June about potential funding. The funding comes ahead of the company’s initial public offering, which has already been pushed back. Box was slated for its IPO in April, but decided to hold off. This round of funding is much needed — the company spends a lot of money. According to its S-1 filing, it had a net loss of $168 million from the fiscal year that ended on January 31. From an email statement sent to VentureBeat: “Horizon Technology Finance Corporation, a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and cleantech industries, today announced it led a $25 million venture loan for mBlox, Inc., the largest global provider of A2P (application-to-person) text messaging. The venture loan was fully funded at closing, with Horizon funding its commitment of $10 million. mBlox will use the funds to support its continued growth.” From a separate statement on the mBlox website: “mBlox, the largest global provider of application-to-person (A2P) text messaging, today announced the completion of a new capital raise of $43.5 million to fund the continued growth of its global business. … Armentum Partners advised mBlox during this round of financing. Comerica and Horizon Technology Finance Corporation (Nasdaq: HRZN) were among the participants, in addition to some of mBlox’s largest investors including Norwest Venture Partners, Scale Ventures, Avanti, Trident, Stratem and Saints Capital.” Read more on the mBlox website. Matterport, a startup that has designed a physical camera for creating three-dimensional models of rooms and a cloud service for storing and sharing models, has raised $16 million in new venture funding. The startup is one of many building technology that could lead to more immersive experiences for a wide range of applications. Amazon has incorporated 3D elements and motion sensing into its new Fire Phone. And Apple bought 3D imaging startup PrimeSense. It’s official: Keith Rabois’s new startup, Opendoor, has closed its first round of funding with $9.95 million. As VentureBeat first reported, the company quietly filed a legal document in late May, in the process revealing the company’s name and co-founder, Eric Wu. Now the company, which aims to help homeowners sell their houses with “just a few clicks,” is making its existence official. It’s also got a laundry list of big-name Silicon Valley investors. Read more on VentureBeat: With $10M and a long list of big-name investors, Opendoor is almost open for business College enrollment and financial aid management tool Regent Education has raised $9 million in its latest round of funding to help colleges handle student enrollment and process the many ways they pay for school. “Increasingly, all types of institutions are turning to non-traditional enrollment models such as non-term, self-paced, and competency-based education to meet students’ changing needs,” Robb Doub, General Partner at New Markets Venture Partners, which has invested in the company, said in a press release. “Regent’s financial aid management system, Regent 8, is the only solution on the market today that can fully support these models.” Read more on VentureBeat: Regent Education locks in $9M to help students enroll in college