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Scientific Learning  (Stock symbol: SCIL ) Acquired by Carnegie Learning (2020 $ 15,000,000 )

1956 Webster Street
Oakland, CA 94612
Website Company Summary Management Team

Outside board: (May no longer be on the board) Gayle A. Crowell (Rightpoint Software Former CEO/Chairman) Shari Simon (Oracle Former SVP Strategy) Robert C. Bowen (Scientific Learning Former CEO) Michael A. Moses (American College of Education Chairman) Lance R. Odden (New Providence Asset Management Managing Director) Jeffrey Thomas (Ambassadors Group CEO) Dino A. Rossi (Balchem CEO) Edward Blanchard (Shooter Financial) Carleton Holstrom (Bear Stearns Director Emeritus) Rodman Moorhead (Warburg Pincus) Paul Tallal (Scientific Learning Founder)
Former outside board: David W. Smith Joseph Boyd Martin (Harvard University Medical School) Ajit Dalvi (cable sector expert) Michael Merzenich (UC SF Professor) David Tanner (Lazard Freres);  James Thomas (Warburg Pincus)

Business description: Scientific Learning (OTC BB: SCIL) sells the Fast ForWord® patented family of products, which develop and enhance cognitive abilities critical to language and reading for learners of all ages. Significant gains are frequently achieved in as few as 20 to 40 instructional sessions. The Fast ForWord® family of products is a series of reading intervention products that incorporate learning from more than 30 years of brain, reading, and language research in order to help students build the cognitive skills they need to learn to read or become better readers. The products develop the underlying cognitive skills required for reading and learning—memory, attention, processing and sequencing, or Learning MAPs™. The Fast ForWord family of products incorporates the FAST Power Learning™ formula—Frequency, Adaptivity, Simultaneous development, and Timely motivation—proven learning techniques based on decades of neuroscience research.
Customers include: Anson County Schools ;  Christina School District ;  Dallas Independent School District ;  EdisonLearning ;  Georgia Department of Education ;  Idaho School District ;  Idaho State Board of Education ;  Juneau School District ;  Kanawha County Schools ;  Kenmare Community School ;  Lancaster;  Lighthouse Community Charter School ;  Marshall Independent School District ;  McDonald Green Elementary School;  part of the Manchester;  Penn-Trafford School District in Harrison City, Pa. ;  Rogers Public Schools ;  School District of Philadelphia;  Seminole County ;  St. Mary Parish Public School System ;  Tennessee School District;  The Ada B. Cheston Elementary School;  The Killeen Independent School District;  The School District of the City of Royal Oak ;  Utah State Board of Education ;  Westwood Elementary School;  White Hat
Partners include: uboost ;  Computers for Schools Foundation;  Neuroscience Learning

Rounds: 4
Capital raised: 10.0M
Ownership: Acquired by Carnegie Learning (2020 $ 15,000,000 )
Stock Symbol: SCIL
VCs include: Warburg Pincus;  Lazard Freres
Angels/other VCs: Leonard Schleifer (Regeneron)

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Record updated: Sep 2020
Sector: Software
Year Founded: 1996
Headcount: 201-300 as of Sep 2020
Rounds: 4
Capital Raised: 10.0M
Ownership: Acquired by Carnegie Learning (2020 $ 15,000,000 )
Stock Symbol: SCIL