Schoolwires adds $12 million in capitalization, expands product development and customer support

Schoolwires, a leading provider of strategic Web site and community management solutions on the Internet for K-12 school districts, will use a $12 million investment by Kennet Partners to accelerate growth by implementing its current five-year business plan, which includes product innovation and increasing its capacity to support client success more broadly.

According to Jacqueline Martini, VP of marketing, the new investment will also enable the company to explore new business opportunities involving information technologies that school districts use. “We are leading the market in helping students and school districts to achieve more,” says Edward S. Marflak, company founder and CEO, “and building one of America’s fastest growing and most respected education technology companies.”

Providing complete strategic Web site development and support to integrate a district’s many audiences and educational missions through the internet, Schoolwires is one of the fastest-growing companies in the United States and Pennsylvania. Named to the INC Magazine 500 list of fastest growing companies in 2007 (174th) and 2008 (328th), Schoolwires was also identified by INC Magazine as the third fastest growing company in the education market in both years.

The company provides its service to nearly 800 school districts in the United States, serving nearly 4,000 schools. Among their clients are 120 districts in Pennsylvania, including the Pittsburgh Public Schools and the Hollidaysburg Area School District, the company’s first client.

Employing a staff of 85, including 69 in State College, Schoolwires expects to add product development, client services and sales staff this year.

Source: Schoolwires, Jacqueline Martini
Writer: Joseph Plummer

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