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Gates' nonprofit 'InBloom' to close

from From The New York Times

In a setback for the nearly $8 billion prekindergarten through 12th-grade education technology software market, inBloom, a non-profit corporation offering to warehouse and manage student data for public school districts across the country, announced that it planned to shut its doors. Financed with $100 million in seed money from the Bill and Melinda Gates Foundation along with the Carnegie Corporation of New York, the venture promised to streamline how teachers and administrators accessed student records. But the project ran into roadblocks in a number of districts and states over privacy and security issues. more

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