Newport Beach, CA – L Squared Capital Partners is pleased to announce a growth investment in Edlio.  Founded in 2011 and based in Los Angeles, CA, Edlio is a leading provider of cloud-based software to the K-12 market.  Built on a Software-as-a-Service platform, Edlio’s content management system facilitates connections and interaction among teachers, administrators, parents and students through a variety of different modules. The investment by L Squared will enable the company to further invest in sales and marketing, international growth, new product development and support strategic acquisitions across the education technology landscape.

“We had the opportunity to partner with many different groups and chose L Squared because of their passion for education,” stated Ali Arsan, CEO of Edlio. “We look forward to leveraging their experience and expertise in the education sector to support the next phase of growth at Edlio.  Our partnership will allow Edlio to continue building next generation technologies that enhance school to home communications, parental engagement and bring data driven decision making capabilities to educators globally.”

“We are very excited to have committed $40 million to this investment platform,” said Rob Healy, Managing Partner of L Squared. “Edlio fits squarely within L Squared’s core investment philosophy to invest in growth companies with superior customer service, retention and management teams. These factors, along with the escalating need for technology solutions to enhance the communication between K-12 administrators, teachers and parents, make us enthusiastic about the future of the company.”

“We have been extremely impressed by Edlio’s track record of growth and commitment to excellence and customer success. We are thrilled to provide capital, experience and expertise to support management’s organic growth initiatives and acquire complimentary technology products that augment Edlio’s core offering,” said Jeff Farrero, Managing Partner of L Squared.

Edlio’s core content management software allows schools to easily manage and update their website to facilitate interaction among teachers, administrators, parents and students.  Edlio’s software functionality includes news, calendar, forms, text and email notification and admissions.  The company also offers individual class web sites that allow teachers to communicate with students and parents in each class, managing homework, announcements and class activities.  Edlio is seeking to acquire complementary EdTech companies across the K-12 administrative software landscape such as CRM, athletic department modules, data management, and payments.