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| Type | Public (NASDAQ: ARCL) |
|---|---|
| Founded | 2000 |
| Founder(s) | David Muzzo Cameron Chalmers |
| Headquarters |  Dallas, Texas |
| Key people | Tim McEwen, CEO James Walburg, CFO |
| Industry | Educational software |
| Parent | Study Island Northstar Learning TeacherWeb |
| Website | www.archipelagolearning.com www.studyisland.com |
Archipelago Learning is an American subscription-based online education company. The company's core business, Study Island, provides standards-based instruction, practice, testing and other tools for students in Kindergarten through 12th grade.
During the 2008-2009 school year, Study Island products were utilized by approximately 8.3 million students in over 19,200 schools in 50 states. The company also offers classroom and school website portals, digital lockers and teacher productivity tools through its TeacherWeb services and online postsecondary programs through its Northstar Learning product line.
Founded in 2000, the company is headquartered in Dallas, Texas and is majority owned by Providence Equity Partners, a media focused private equity firm.
Contents |
The company operates a series of educational software businesses.
Study Island, which constitutes the bulk of the company's revenue and earnings, creates online learning programs for teachers and students in K-12 schools across the United States. Study Island develops, sells and supports state standards specific online learning software for use in the classroom or at home with an Internet connection in 29 U.S. states (as of September 2007). Study Island is also involved in developing a series of state-specific Benchmarking products for use in schools in order to allow school administrators to assess their students' skill level before test taking occurs.
TeacherWeb is a website portal and teacher productivity tool that provides teachers and administrators with templates to create district, school or classroom websites. Archipelago acquired TeacherWeb in June 2008 to expand the company's product offering.
Northstar Learning, which was launched in April 2009, uses the same web-based platform as the company's Study Island products to provide various instruction, assessment and exam preparation content, however focused on the postsecondary educational market.
Study Island was founded in May 2000 by Cam Chalmers and Dave Muzzo, originally providing tools related to the Ohio Proficiency Test Program. By 2002, Study Island had expanded to four states, Ohio, North Carolina, New York, and Michigan and serviced 180 schools. Continuing its rapid growth plan, Study Island, which moved its offices to Dallas, Texas added six states in 2003 and expanded its coverage to 750 schools.
Through 2006 and 2007, Study Island continued to expand reaching over 4 million users, more than 9,500 schools, and over 12% market share across 29 states. The company was ranked the 48th fastest growing private company in Inc500.
In January 2007, Providence Equity Partners and MHT Partners together with co-founders Cameron Chalmers and David Muzzo completed a recapitalization of Study Island in which Archipelago Learning was created to acquire 100% of the outstanding shares of Study Island.[1]
In June 2008, the company acquired TeacherWeb and in August 2009 the company acquired a minority interest in Edline, a private educational technology company. Also, in April 2009, the company launched Northstar Learning, marking its first entry into the postsecondary education market.
In November 2009, Archipelago Learning launched a $75 million initial public offering on the NASDAQ under the symbol "ARCL".[2][3][1]
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