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Flying Monkey Capital Corp. Transfers to NEX and Continues with its Qualifying Transaction

VANCOUVER, BC—(Marketwired – October 19, 2017) – Flying Monkey Capital Corp. (TSX VENTURE: FMC.P) (“FMCC” or the “Company”), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the “TSXV”), announces the transfer of its listing to the NEX Board of the TSXV (“NEX”) effective October 20, 2017 and provides an update on its qualifying transaction (“QT”) with Fabled Copper and Gold Corp. (“Fabled”).

The Company intends to complete its QT with Fabled and transfer its listing back to the TSXV. The listing on the NEX is designed to facilitate the preceding. Trading in the common shares of FMCC will remain suspended while FMCC pursues the closing of the QT with Fabled. The trading symbol for the Company will change from FMC.P to FMC.H.

In connection with the transfer to NEX, a total of 1,306,001 “seed shares” of the Company have been cancelled pursuant to the TSXV policies so that the average cost of the remaining 1,306,000 seed shares is equal to FMCC's IPO price of $0.10 per share.

The Exchange has in no way accepted the merits of the proposed QT and has neither approved nor disapproved the contents of this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Timbercreek Financial Declares October 2017 Dividend

TORONTO, ON—(Marketwired – October 19, 2017) – Timbercreek Financial (the “Company”) (TSX: TF) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.057 per common share (“Common Share”) of the Company to be paid on November 15, 2017 to holders of Common Shares of record on October 31, 2017.

The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.

Pursuant to the Plan and at the discretion of Timbercreek Asset Management Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the “Average Market Price”) for the five trading day period ending on the third business day immediately prior to the dividend payment date (the “Trading Period”).

Common Shares acquired under the Plan will be automatically enrolled in the Plan. Shareholders who hold their Common Shares through a broker, financial institution or other nominee must enroll for distribution reinvestment through their nominee holder.

The full text of the Plan can be obtained on the Company's website at http://www.timbercreekfinancial.com/investor–relations/dividend–reinvestment–plan

About Timbercreek Financial
Timbercreek Financial is a leading non–bank, commercial real estate lender providing shorter–duration, structured financing solutions to commercial real estate investors. Our sophisticated, service–oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk–adjusted returns for investors.

InfraCap REIT Preferred ETF (NYSE: PFFR) Declares Quarterly Dividend

NEW YORK, NY—(Marketwired – Oct 19, 2017) – The InfraCap REIT Preferred ETF (NYSE: PFFR) has declared a quarterly dividend of $0.37238. The dividend will be paid October 30, 2017 to shareholders of record as of the close of business October 23, 2017.

PFFR Cash Distribution:

Ex–Date: Friday, October 20^th
Record Date: Monday, October 23^rd
Payable Date: Monday, October 30^th

Infrastructure Capital Advisors expects to declare future dividends on a quarterly basis. Dividends are planned, but not guaranteed, for the months of January, April, July, and October of each year. The next dividend is scheduled to occur in January 2018.

ABOUT INFRASTRUCTURE CAPITAL ADVISORS, LLC

Infrastructure Capital Advisors, LLC (ICA) is an SEC–registered investment advisor that manages exchange traded funds and a series of hedge funds. The firm was formed in 2012 and is based in New York City. ICA seeks total–return opportunities in key infrastructure sectors, including energy, real estate, transportation, industrials and utilities. It often identifies opportunities in entities that are not taxed at the entity level, such as master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”). It also looks for opportunities in credit and related securities, such as preferred stocks. Current income is a primary objective in most, but not all, of the company's investing activities. The focus is generally on asset–intensive companies that generate and distribute substantial streams of free cash flow. For more information, please visit www.infracapfunds.com.

DISCLOSURE

Expenses are based on estimated amounts for the current fiscal year. The management fee is structured as a “unified fee”, out of which the Fund's sub–adviser pays all routine expenses for the Fund, except payments under any 12b–1 plan; taxes and other governmental fees; brokerage fees, commissions and other transaction expenses; interest and other costs of borrowing money; litigation or arbitration expenses; acquired fund fees and expenses; and extraordinary expenses of the Fund, each of which is paid by the Fund.

The InfraCap REIT Preferred Stock Index is a market cap weighted index designed to provide diversified exposure to high yielding liquid preferred securities issued by Real Estate Investment Trusts listed in the US.

You should consider the fund's investment objectives, risks, and charges and expenses carefully before investing. Contact ETF Distributors LLC at 1–888–383–4184 or visit www.infracappffr.com to obtain a prospectus which contains this and other information about the fund. The prospectus should be read carefully before investing.

Fund Risks:

Preferred Stocks: Preferred stocks may decline in price, fail to pay dividends, or be illiquid. Real Estate Investment: The fund may be negatively affected by factors specific to the real estate market, including interest rates, leverage, property, and management. Industry/Sector Concentration: A fund that focuses its investments in a particular industry or sector will be more sensitive to conditions that affect that industry or sector than a non–concentrated fund. Passive Strategy/Index Risk: A passive investment strategy seeking to track the performance of the Underlying Index may result in the Fund holding securities regardless of market conditions or their current or projected performance. This could cause the Fund's returns to be lower than if the Fund employed an active strategy. Correlation to Index: The performance of the fund and its index may vary somewhat due to factors such as fund flows, transaction costs, and timing differences associated with additions to and deletions from its index. Market Volatility: Securities in the fund may go up or down in response to the prospects of individual companies and general economic conditions. Price changes may be short or long term. No Guarantee: There is no guarantee that the portfolio will meet its objective.

Virtus ETF Advisers, LLC serves as the investment advisor and Infrastructure Capital Advisors, LLC serves as the sub–advisor to the Fund.

The Fund is distributed by ETF Distributors LLC, an affiliate of Virtus ETF Advisers, LLC.

Van der Pop to launch branded cannabis with WeedMD in November 2017

TORONTO, ON—(Marketwired – October 19, 2017) – Van der Pop (VdP), North America's leading female–focused cannabis brand, is pleased to announce its two branded strains of cannabis will be available for purchase by the end of November, in partnership with WeedMD, a federally–licensed producer and distributor of medical cannabis in Canada, through the WeedMD website. VdP will offer two different strains exclusively to patients registered through the Access to Cannabis for Medical Purposes Regulations (ACMPR) system. Van der Pop will celebrate the launch with the inaugural 'Van der Pop Presents: Women & Weed' event on Nov. 7 in Toronto, providing an engaging, educational afternoon for women, focused on a variety of cannabis–related topics. The event was created as a result of a large–scale North American survey undertaken by Van der Pop in August 2017, unearthing beliefs and perceptions surrounding cannabis held by the 1500 women consulted. Results from the ground–breaking survey will also be unveiled and discussed.

True to VdP's aim to provide beautifully designed products and experiences to consumers, the strains will be available as part of a limited edition kit that will feature each strain in childproof packaging, two sleek Miren jars for airtight, UV–protected storage, VdP rolling papers and other welcome goodies. The launch will be marked with a free speaker's series called Van der Pop Presents: Women & Weed on Tuesday, November 7, focused on topics and issues in the cannabis industry specifically as they relate to women, featuring keynote speakers Tahira Rehmatullah (former GM of Marley Natural), Barinder Rasode (CEO, NICHE Canada), Olivia Harris (CCO, LEVO) and more, hosted by April Pride (founder of Van der Pop). Van der Pop will also partner with a brand–new group called High, The Collective, to present one of the panels. The Van der Pop study surveyed more than 1500 women across North America and focused on their experiences with the current cannabis landscape, attitudes, perceptions, behaviours and expectations about the future of the industry as it adapts to growing legalization.

“I am thrilled to finally release this collaboration. Our goal is to provide a consistent, beautiful experience for women that addresses their therapeutic needs. We're confident that these carefully–chosen, grown and cultivated strains will fit in perfectly with the rest of our Van der Pop offerings,” said Pride. “The launch kit is the cherry on top of this partnership with WeedMD, and I'm so looking forward to our November event. It's going to be an insightful, exciting day speaking on a whole host of cannabis–related issues with an incredible lineup of accomplished women.”

The Study
Significant findings include the fact that, while 6 out of 10 female cannabis consumers search online for cannabis related info, only 26% feel like they have a go–to resource. As well, nearly 7 in 10 women who either consume cannabis or are interested in doing so, feel there is a negative stigma associated with cannabis consumption, relatively consistent across legal, medicinal and pre–legalization states in the US, as well as in Canada. The conclusion that women have a thirst for accurate, specific information about cannabis led to the creation of the innovative Women & Weed event, to help guide women through the cannabis space and create an opportunity to connect with like–minded consumers.

Event Details
Van der Pop Presents: Women & Weed (Nov. 7 at The Addisons Residence, 2 to 6:45 p.m.): will feature prominent speakers such as Olivia Harris (CCO LEVO), Tahira Rehmatullah (former GM of Marley Natural), Barinder Rasode (CEO, NICHE Canada), marijuana maven Irie Selkirk, Brandi Leifso (Evio Beauty Group), Michelle Bilodeau (High, the Collective) and Tokyo Smoke's own Odessa Paloma Parker (Head of Content) and Berkeley Poole (Creative Director). The series will be hosted by Van der Pop founder April Pride, and will be free for 100 women to attend with advance registration here. Speakers will cover topics such as design, fashion and creativity in the cannabis industry, wellness, the medical perspective, and unique challenges and opportunities that female entrepreneurs and employees face in the industry. High, The Collective, a brand–new group formed by Michelle Bilodeau, Sue Kuruvilla, Deanne Moser and Chrissy Roebuck, will co–present the entrepreneur–focused segment, featuring panelists such as Jennifer Newton of Zjuzj (a lifestyle line that creates perfect accoutrements to cannabis) and cannabis advocate Sarah Hanlon (Big Brother Canada 3).

“As a leading Canadian cannabis grower and producer, we are thrilled to promote opportunities to collaborate and encourage communication with our industry peers â always collecting feedback and adapting our products to provide what consumers want. The innovative 'Women & Weed' event and study is exactly why we chose to partner with a company like Van der Pop,” said Bruce Dawson–Scully, CEO of WeedMD. “We need people like April and the Van der Pop team to lead the industry and ensure that everyone has access to accurate, up–to–date information. We applaud initiatives that push the boundaries to ensure there's space and representation for everyone.”

About Van der Pop:
Van der Pop is North America's most recognized female–focused cannabis lifestyle brand. Founded in 2016, Van der Pop is the cannabis digest for discerning women. With an emphasis on discretion, education and style, the aim is to enhance flower–powered pleasures through a thoughtful and candid exploration of cannabis. Through an editorial platform, weekly newsletter, social sites, product line and SESSION events, Van der Pop explores cannabis and how it relates to self–care, sex and socializing. With its recent acquisition by Toronto–based Tokyo Smoke, Van der Pop will release branded cannabis strains to medical patients throughout Canada in November 2017, as well as to Washington State's REC stores.

Instagram: @vanderpop
Facebook: @shopvanderpop
Twitter: @van_der_pop
http://www.vanderpop.com/

About Tokyo Smoke:
Tokyo Smoke is an award–winning lifestyle brand that brings sophistication and design to the cannabis space. With immersive experiences and design led retail spaces selling coffee, clothing and designer products, Tokyo Smoke is developing an international reputation as the go–to destination for luxurious, creative offerings within the industry. With the expected completion of its Series B funding resulting in approximately $10 million in total raised capital, the acquisition of fellow designer cannabis brand Van der Pop, partnering with Aphria Inc. (TSX: APH) or (OTCQB: APHQF) and WeedMD (TSX VENTURE: WMD), Tokyo Smoke continues to be the leading Canadian brand in the cannabis space. Tokyo Smoke will expand into Alberta, Hamilton, ON and the U.S. market in in 2017.

Instagram: @tokyosmoke
Facebook: /tsmokecoffee
Twitter: @tokyo_smoke
tokyosmoke.com

About WeedMD Inc.:
WeedMD Inc. is the publicly–traded parent company of WeedMD Rx Inc., a federally–licensed producer and distributor of medical cannabis pursuant to the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). The company operates a 26,000 sq. ft. indoor facility in Aylmer, ON, with four acres of property for future expansion. The company has entered into strategic relationships with established cannabis brands, including leading, premium, female–focused Van der Pop. Additionally, the company recently entered into three exclusive supply agreements with peopleCare Communities, Arbour Heights and the Belmont Long Term Care Facility. WeedMD is focused on providing consistent, quality medicine to the long–term care and assisted living markets in Canada through its specialized, comprehensive platform, and is dedicated to educating healthcare practitioners and furthering public understanding of the role medical cannabis can play as a viable alternative to prescription medication in relieving a variety of chronic medical conditions and illnesses.

For further information about WeedMD or interview requests:
Marianella delaBarrera
marianella@marginpr.com
416–897–6644
To learn more, visit us at www.weedmd.com

About High, The Collective:
High, The Collective was created to help cultivate relationships between women in the cannabis space in Canada. To help educate and empower. And, to make introductions between women who are looking to create something within the space or have started a career based on cannabis. High will work to bring women together through a series of talks, networking events and pop–up shops, and are proud to be launching this series in collaboration with Van der Pop and Tokyo Smoke.
Instagram: @high_thecollective

Image Available: http://www.marketwire.com/library/MwGo/2017/10/19/11G146739/Images/April_Pride_by_Common_Thread_Collective–7813f0f7df889c859fc34133685820dd.jpg
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Ritter's Medicareful Platform Expands Online Medicare Enrollment for 2018

HARRISBURG, PA—(Marketwired – October 19, 2017) – MedicarefulÂ®, a Centers for Medicare & Medicaid Services (CMS)–approved Medicare product comparison website, added six prominent carriers to its online enrollment platform for the 2017–18 Medicare Annual Enrollment Period.

With its latest release, Medicareful now features online enrollment for Aetna Medicare Advantage (MAPD) and prescription drug plans (PDP), Coventry (MAPD), Humana (MAPD), CarePlus (MAPD), Anthem (MAPD and PDP), Amerigroup (MAPD), and Independence Blue Cross (MAPD) plans. These additions join Humana (PDP), SilverScript (PDP), Excellus BlueCross BlueShield (MAPD), and Univera Healthcare (MAPD) as plans available for direct enrollment online.

“With the addition of these carriers, Medicareful has enrollment options for plans which cover 42% of all Medicare beneficiaries that have chosen an MAPD or PDP plan,” Ritter Insurance Marketing President Craig Ritter said. “This greatly increases the utility of this platform for our agents.”

Using a licensed sales agent's unique Medicareful site, Medicare beneficiaries can contact their agent and enroll in select plans. All online enrollments are tied directly to the agent for commission credit.

“Medicareful is designed to enhance every aspect of the agent's workflow: marketing, plan selection, enrollment, and retention. It's much more than a simple enrollment tool,” Ritter said. “Agents can manage all of their referral, lead generation and co–marketing sources through one platform to maximize their customer base. Streamlining the scope of appointment and enrollment processes through Medicareful enhances our agents' effectiveness during the Annual Enrollment Period.”

Through technology developed by Ritter Insurance Marketing, Medicareful validates the agent's certification status, state licenses, and state appointments to ensure compliance with CMS' “ready to sell” regulations. Once this instant validation is complete, a Medicare beneficiary can complete the enrollment process in less than 10 minutes without leaving Medicareful. Agents immediately receive an email confirmation, and the beneficiary also gets a confirmation that their enrollment has been sent to the health plan or Part D sponsor for processing.

Medicareful's revolutionary eSOA is now more powerful than ever for licensed agents. In 2018, CMS relaxed the rules for a Scope of Appointment (SOA), the document that verifies a Medicare beneficiary's consent to a sales appointment from their agent. The new guidelines allow agents to assist their clients from SOA through presentation to enrollment using a single phone call.

Medicareful's eSOA enables contracted agents to compliantly document their Medicare appointments on their website. The electronic copy of the eSOA is retained in the agent's CRM and the agent can electronically sign for submission to any Health Plan or PDP Sponsor that accepts a generic Scope of Appointment.

Medicareful.com is developed and maintained by Ritter Insurance Marketing. Agents contracted to sell select Medicare products through Ritter Insurance Marketing are eligible to receive their own unique Medicareful.com URL at no cost.

Ritter Insurance Marketing, based in Harrisburg, Pennsylvania, is a national field marketing organization for senior insurance products. With more than 460,000 Medicare policies in force, seven offices, and 160 employees, Ritter Insurance Marketing is a national industry leader in the external marketing and distribution of Medicare Advantage, Medicare Supplement, and Medicare Part D plans.

Embedded Video Available: https://www.youtube.com/watch?v=KSjI5i2j3_o

NYIAX Closes $5.6 Million Seed Round

NEW YORK, NY—(Marketwired – Oct 19, 2017) – NYIAX, the world's first guaranteed advertising contract exchange, today announced it has successfully closed a $5.6 million funding round led by WestPark Capital. The funding will be used to expand the company's global reach and accelerate open trading on the platform.

“Digital advertising has long suffered from inefficiencies, fraud, and a lack of true automation. It is one of the last sectors to benefit from the strong trading systems that anchor other markets,” said Robert Ainbinder, who led the WestPark Capital investment. “NYIAX changes everything — helping publishers, advertisers and fintech partners address the challenges in today's marketplace. We couldn't be more excited to be among the first to invest in the future of advertising as it unfolds today.”

NYIAX's technology platform is designed to bring Wall Street's automated trading capabilities and financial rigor to the buying and selling of advertising.

Today's funding announcement precedes news centered on a joint intellectual property agreement forged between NYIAX and Nasdaq, a key core technology, and now IP partner. Nasdaq's blockchain enabled transactional engine powers NYIAX's trading functions. It plays a similar function across engines powering trading across more than 85 exchanges globally.

“As we close this seed round, we remain 100 percent focused on finalizing all the moves we've made to inform the platform since March and opening trading to all those qualified,” said NYIAX founder Carolina Abenante.

Those interested in learning more about trading on the NYIAX platform should contact sales@nyiax.com.

About NYIAX
NYIAX is the world's first advertising contract exchange. Powered by Nasdaq technology, the blockchain–enabled platform combines financial matching engine and trading concepts with advertising technology to enable publishers and advertisers to buy, sell and re–trade future premium advertising inventory as guaranteed contracts. Led by a team of distinguished advertising and financial technology executives, the exchange provides media buyers with a transparent and trusted way to secure and re–trade premium future advertising inventory, while enabling publishers to increase revenue by improving sell–through, retain higher CPMs, and reduce fees. NYIAX is headquartered in New York City.

OCTANe Announces High Tech Innovation Award Winners

ALISO VIEJO, CA—(Marketwired – Oct 19, 2017) – OCTANe, Orange County's technology and life sciences accelerator organization, today announced the winners of the 2017 High Tech Innovation Awards. The awards program, which entered its twenty–fourth year, honored Orange County–based companies who have demonstrated exceptional leadership while developing new technological advancements in their respective industries.

This year, 10 awards recognized outstanding innovations in software, digital strategy, device and hardware, healthcare, medical technology, digital communications, intelligent data analytics, horizontal disruption, intrapreneurship and corporate culture. The winners were selected by a panel of 12 independent judges.

The 2017 Winners:
Community Engagement: Alteryx
Culture/ Management/ Motive Company: Arbitech
Device/ Hardware Company: HyperX
Digital Communications Company: MeU Care
Digital Strategy Company: CiE Digital
Healthcare Company: Sonendo
Horizontal Disruption Company: BioLargo
Intelligent Data Analytics Company: IN CIRCL
Intrapreneurship Company: Swift Engineering
Medtech Company: Vertos Medical
Software Company: Birch Street

Two other special awards were given to Peter Craig who was honored with the Lifetime Achievement Award and Goran Matijasevic who was honored with OCTANe's Community Leadership Award.

The OCTANe High Tech Innovation Awards were sponsored by BNY Mellon, Deloitte, Grant Thornton, Haskell & White, RSM, Savills Studley, Stradling, Squar Milner, TriNet, UPS and Woodruff Sawyer.

About OCTANe
OCTANe drives innovation and growth by connecting people, resources and capital to fuel technology growth in Southern California. Its members represent technology executive leaders, entrepreneurs, investors, venture capitalists, academicians, and strategic advisors, all working together to fuel innovation in the OC. The organization has helped more than 800 companies via the LaunchPad™ SBDC accelerator. LaunchPad™ companies have received more than $2.1 billion in investment and equity exits. OCTANe annually welcomes more than 7,000 people to its programs and events. More than 2,000 business leaders throughout the region are OCTANe members. For more information, visit www.octaneoc.org.

Top Bank, Legal and Software Industry Executives to Keynote at the Open Source Strategy Forum

PALO ALTO, CA —(Marketwired – October 19, 2017) – Symphony Software Foundation (the Foundation), the nonprofit organization fostering open source innovation in financial services, today announced the keynote speakers for its upcoming Open Source Strategy Forum on November 8 at BNY Mellon. Registration is open now.

Center stage will feature keynote presentations by leaders from the financial services, legal and open source communities:

Amber Baldet, Executive Director, Blockchain Program Lead, J.P. Morgan: Quorum: How blockchain is becoming an open source success story for J.P. Morgan
Karen Copenhaver, Partner, Choate Hall & Stewart LLP: Enlightened Self–Interest: Why and How Companies Collaborate to Build and Maintain Essential Infrastructure
Matt Hicks, Vice President, Engineering, Red Hat: Open Source Sparks Innovation
whurley (William Hurley), Managing Director, Goldman Sachs: Quantum Computing, Open Source and the Future of the Financial Services Industry
John Stecher, Managing Director – Group Head of Open Innovation & Rise, Barclays: Open Source & Innovation Center Success
Paul Walker, Technologist & Philanthropist: The Case for Open Source Software, Revisited

Gabriele Columbro, Executive Director, Symphony Software Foundation, said, “As in other industries undergoing digital transformation, open source is fueling the next wave of fintech innovation, above and beyond blockchain. But with disruptive innovation comes great risk, and that's where open standards for APIs and data formats ensure the industry can fully unleash the business value of these technologies. This is why Wall Street needs to figure out an effective engagement strategy for open collaboration. The Foundation is very pleased to host the Open Source Strategy Forum to be a catalyst of this change.”

David Wayne, Managing Director and Head of Electronic Trading and Strategic Analytics at Deutsche Bank, said, “Deutsche Bank contributed code to the Symphony Foundation because we believe that open source collaboration benefits the industry as a whole. Our clients are increasingly seeking flexible open source solutions and collaborating in this way can help us enhance our products and services while reducing costs.”

Paul Walker, Technologist and Philanthropist, said, “The open source software movement is one of the more important and successful examples of collective problem solving that we've seen in our lifetimes. Communicating the benefits of open source effectively to non–technologists — including those in financial services — can be a challenge. I look forward to sharing my experience and my strategies for effective open source advocacy at OSSF.”

The Open Source Strategy Forum is made possible by platinum sponsors BNY Mellon, Black Duck Software, GitHub, NodeSource, and Red Hat, and by gold sponsors Acquia, Flexera, The Open Compute Project Foundation and WhiteSource. Our media partners are The Linux Foundation and Rise New York.

The day prior to the conference, on November 7, NodeSource is hosting a one–day workshop in New York, covering a wide variety of best practices for building and deploying Node.js applications in production. Learn more and register here.

Note to editors:
We are extending courtesy passes to all media and analysts. Please contact the Foundation press office to register or for further details.
Speaker headshots and bios are available here. For high resolution images, contact the press office.

About Symphony Software Foundation
The Symphony Software Foundation is an independent nonÂprofit organization building an open source community and development ecosystem to foster innovation in financial services. Its community leverages Symphony and other open source platforms and open standards to drive efficient inter–firm collaboration in this industry. The Foundation offers an Open Developer Platform (ODP) to all its open source contributors, providing open API access to Symphony and a compliant open source development process.

Foundation OSS Projects are Apache 2.0 licensed and available on GitHub
To access the ODP, visit our documentation
To learn more, visit http://symphony.foundation
To become a member http://symphony.foundation/#become–a–member

Image Available: http://www.marketwire.com/library/MwGo/2017/10/18/11G146665/Images/Gabriele_Columbro–5ff569c379ca86dd80db1b39e2dd91cb.jpg

Owl Ventures, EdTech VC, Raises $185M to Lead Education Innovation

SAN FRANCISCO, CA—(Marketwired – October 19, 2017) – Owl Ventures, the leading investor in education technology, announced today that it closed $185 Million for its second fund. The capital will be used to lead investments in education technology startups that are harnessing the new wave of entrepreneurship and innovation across the education spectrum including early childhood, K–12, higher education and career mobility/professional learning.

“The explosion in access to technology, data and content in the education sector is historic,” said Tory Patterson, Managing Director at Owl Ventures. “With connected devices in the hands of students and teachers, nearly ubiquitous Internet connectivity in schools and a global workforce powered by technology–driven productivity, education in every corner is being transformed by technology.”

The market for education technology (EdTech) is rapidly growing and maturing in the United States:

Broadband adoption in school districts jumped from 30% in 2013 to 94% in 2017. (source: https://www.educationsuperhighway.org/challenge/)
Nearly 60% of U.S. Schools had purchased connected–devices (laptops, tablets) for student use in 2016. (source: FutureSource Consulting)

The global education market estimated to be nearly $7 trillion and global adoption of EdTech is also on the rise. (source: National Center for Education Statistics)

“The education market is undergoing a massive digital revolution that is impacting the 1.5 billion learners worldwide,” said Tom Costin, Partner at Owl Ventures. “This newfound technology infrastructure and digital adoption of EdTech platforms is now allowing companies to rapidly scale and build products that are being used by millions of students in countries around the world.”

With its dedicated focus on EdTech, the Owl Ventures team has deep domain expertise that allows the firm to cultivate an elite and focused network of entrepreneurs, investors and strategic partners that are driven to improve education tools, technology, outcomes and share best practices and learnings across the portfolio. With its second fund, Owl Ventures built a global LP base across the U.S., Asia, Europe, Middle East and South America consisting of prestigious endowments, foundations, family offices, strategic education partners and a sovereign wealth fund. This valuable global LP base and network will help the firm and its companies across numerous functions including distribution, partnerships and deal sourcing.

The firm has been a major investor in many of the fastest growing companies in the EdTech market including Accelerate Learning, DreamBox Learning, Newsela, RaiseMe and Quizlet.

“We seek to partner with transformational companies that are solving large problems in education that have established product market fit and repeatable revenue models,” said Amit Patel, Partner at Owl Ventures. “We play a very active role in helping our portfolio companies accelerate growth and strengthen their teams. We join the board of each portfolio company and consider ourselves embedded team members within the companies we support.”

“Owl's knowledge of the needs of the K–12 and broader EdTech market is unparalleled,” said Matt Gross, Founder and CEO of Newsela. “They share a vision with us and so many of the entrepreneurs that they support: that learning can be thrilling and meaningful, and that teaching can be more effective and satisfying, if the right tools are put in the hands of teachers and students. We are honored to work with them and excited that they'll be supporting the next generation of great education entrepreneurs.”

Owl Ventures recently announced investments in Lingo Live, Piper and Tinkergarten that were made out of Owl Ventures II.

Lingo Live has provided live, online language and communication coaching to tens of thousands of employees across the globe at some of the world's largest companies, including Eventbrite, Google, Outbrain, and many others. https://www.lingolive.com/
Piper has engaged students at 1,000 plus schools globally in STEM education by giving them the chance to build and code their own computer. Steve Wozniak, co–founder of Apple, said, “I love Piper because it represents what enabled me to do all the great technology things in my life.” https://www.buildpiper.com/
Tinkergarten has created a technology platform that empowered instructors to run early learning play–based outdoor classes for 71,000 plus parents and kids in 48 states to develop a range of school readiness skills including self–reliance, creativity, persistence and grit, and problem solving. https://tinkergarten.com/

“With a keen focus on student outcomes and empowering educators with content, data and services Owl Ventures has identified the most exciting sector of our economy to match a powerful mission with remarkable capital returns,” said Jed Smith, Managing Director at Owl Ventures. “We are hungry to partner with leading entrepreneurs who want to make a difference that will impact a generation.”

About Owl Ventures
Owl Ventures is a San Francisco based venture capital fund that invests in the world's leading education technology companies. The team is laser–focused on the education market and takes a hands–on approach in helping entrepreneurs scale their businesses into transformative category leading companies. The firm has $285 million assets under management across two funds. http://www.OwlVC.com

Owl Ventures, EdTech VC, Raises $185M to Lead Education Innovation

The market for education technology (EdTech) is rapidly growing and maturing in the United States:

Broadband adoption in school districts jumped from 30% in 2013 to 94% in 2017. (source: https://www.educationsuperhighway.org/challenge/)
Nearly 60% of U.S. Schools had purchased connected–devices (laptops, tablets) for student use in 2016. (source: FutureSource Consulting)

The global education market estimated to be nearly $7 trillion and global adoption of EdTech is also on the rise. (source: National Center for Education Statistics)

The firm has been a major investor in many of the fastest growing companies in the EdTech market including Accelerate Learning, DreamBox Learning, Newsela, RaiseMe and Quizlet.

Owl Ventures recently announced investments in Lingo Live, Piper and Tinkergarten that were made out of Owl Ventures II.

Lingo Live has provided live, online language and communication coaching to tens of thousands of employees across the globe at some of the world's largest companies, including Eventbrite, Google, Outbrain, and many others. https://www.lingolive.com/
Piper has engaged students at 1,000 plus schools globally in STEM education by giving them the chance to build and code their own computer. Steve Wozniak, co–founder of Apple, said, “I love Piper because it represents what enabled me to do all the great technology things in my life.” https://www.buildpiper.com/
Tinkergarten has created a technology platform that empowered instructors to run early learning play–based outdoor classes for 71,000 plus parents and kids in 48 states to develop a range of school readiness skills including self–reliance, creativity, persistence and grit, and problem solving. https://tinkergarten.com/

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9	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	31