ExamSoft Closes “Significant Investment” from Spectrum Equity

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ExamSoft, a Boca Raton (with an additional location in Dallas) provider of intelligent educational assessment solutions, has received a “significant investment” from Spectrum Equity, a leading growth equity firm focused on the information economy. ExamSoft provides scalable and flexible intelligent assessment solutions that give educators actionable outcomes, data, and insights. “Today’s changing educational environment calls for solutions that make a real impact. Our focus on providing an easy-to-use and flexible assessment platform gives instructors, students and administrators the information they need to achieve their learning goals,” said Daniel Muzquiz, Chief Executive Officer of ExamSoft. “ExamSoft’s innovative software and world-class support have helped our clients improve their learning outcomes, boost retention and improve efficiency. Our new partnership with Spectrum builds on our commitments to providing the best possible technology solutions, developing exciting new products and continuing our deep relationship with clients.” “As technology and software continue to impact education, and as curricular design, testing and accreditation continue to shift in response to these changes, we believe market demand for assessment management solutions will continue to grow,” said Steve LeSieur, Principal of Spectrum Equity. “We view ExamSoft as a growth platform with exceptional management and technology that should scale considerably over the coming years as the company expands its portfolio of products and services offered to clients. We feel very fortunate to be partnered with Daniel, David and the entire ExamSoft team.” Read more here.