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An investment group led by Oakleigh Thorne, current Chairman of the Board of Datamark and former CEO of eCollege, financed the transaction and committed an additional $11 million in equity to fund the further development of the company’s infrastructure, as well as support the growth of Altius’ current educational partnerships, which will be managed by Datamark going forward. Datamark, which has served the higher education market for more than 25 years, also announced that education-technology veteran Matthew Schnittman is joining the company as president and CEO. Knewton - Adaptive Learning Platform™ The Bill. Kno - First eTextbook is Free.
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