“Companies like DreamBox and founders like Jessie are why The Rise Fund was created and why TPG is so excited about this opportunity,” added Jim Coulter, co-founder and co-CEO of TPG. “With Jessie at the helm, the team at DreamBox has built a company poised to continue to grow and deliver on its mission of improving education for millions of students.” “DreamBox is an example of how innovative thinking and transformational leadership come together to create a great, impactful business,” said Bill McGlashan, co-founder and CEO of The Rise Fund. This includes a particular focus on leveraging the transformative power of digital curriculum and personalized learning tools like DreamBox to improve student outcomes and increase teacher capacity.
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The Rise Fund has made a series of investments in education as part of its global strategy to expand education access and quality for students around the world. By joining forces with The Rise Fund, DreamBox gains a partner whose mission of social impact is perfectly aligned with ours.”
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“As a company, we have been committed to unlocking the learning potential of every child regardless of what zip code they live in, what they look like, or what language they speak. “DreamBox was founded with the mission to transform the way the world learns by using intelligent adaptive technology to dynamically and continuously personalize each student’s learning experience,” said Jessie Woolley-Wilson, DreamBox president and CEO. The Rise Fund will take a majority position in the company. This investment will be The Rise Fund’s largest education investment to date and continues to cement their role as a leading global education investor. SEATTLE AND SAN FRANCISCO - JULY 31, 2018- DreamBox Learning®, the company that pioneered Intelligent Adaptive Learning™ technology, and The Rise Fund, a global impact investing fund managed by TPG Growth, have signed an agreement for a $130 million investment in the education technology company. We are planning upgrades and changes that will provide an additional layer of protection against similar issues in the future, and we are continually monitoring for news of any additional threats to the security of our systems.Investment Expands Global Focus on Social Impact Through Personalized Learning We are still actively engaged on this issue. All systems are protected, and customer data is safe.
None of our products are vulnerable to this issue.
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One of the best explanations of the issue can be found at : ĭreamBox Learning has reviewed our offerings (DreamBox Math, Reading Plus Literacy, and Squiggle Park) for these vulnerabilities. You can do a web search for log4shell to get more information and insight.
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All of these are severe enough to potentially allow full compromise of impacted systems and data. Since then, at least two additional vulnerabilities have been discovered in that same utility. On December 9, 2021, researchers posted a warning about a dangerous vulnerability in the logging utility program log4j. Squiggle Park response to Log4j/log4shell vulnerability
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