June 5, 2018 (Foster City, California) – Sumeru Equity Partners (SEP) has completed the acquisition of GoGuardian, a rapidly growing education technology software provider of K-12 classroom management solutions.
GoGuardian empowers teachers, administrators, and their teams to enhance personalized learning and student safety in K-12. GoGuardian’s SaaS platform is used by more than 10,000 schools across all 50 states, representing over five million students, and is uniquely positioned to help educators support student growth. GoGuardian is headquartered in El Segundo, California.
“We are excited to partner with SEP to expand our reach and invigorate classrooms across the country with innovative tools that meet the evolving needs of today’s educators and students,” said GoGuardian co-founder, CEO, and Board Director Advait Shinde. “Research on schools’ needs defines GoGuardian’s product roadmap. This partnership will expedite the research and development process – helping us further support educators’ goals of creating dynamic, interactive and safe learning environments.”
SEP Managing Directors George Kadifa and Sanjeet Mitra added, “Over the last decade, we have observed the meaningful impact that innovative technologies have in significant enhancement of the student learning experience. GoGuardian’s technologies are fulfilling this mission while supporting districts, teachers, and school administrators in ensuring productive K-12 classrooms and safe learning environments. From its founding, GoGuardian has taken a sincerely differentiated, school-centric approach and made significant investments to create a leading, modern platform.”
As a part of the investment, SEP principals George Kadifa, Sanjeet Mitra, and Sean Kendra will join the GoGuardian Board of Directors. GoGuardian has also appointed SEP industry advisor Tony Miller—accomplished technology executive and former Deputy Secretary of the U.S. Department of Education—to the company’s Board.
SEP is a technology-focused private equity firm that invests in market leading, growth-oriented technology companies. GoGuardian represents another SEP investment in a prominent SaaS vendor, and the partnership will help GoGuardian to accelerate growth and increase investment in product innovation. GoGuardian marks SEP’s third software transaction in 2018, following its previously announced investments in Azuga and Actian.
For more information about Sumeru Equity Partners (SEP) and GoGuardian, visit sumeruequity.com and www.goguardian.com.