LectureTools adds 7 jobs in prep for product launch this fall
September 6, 2011
If the mother of invention is necessity, then it might also be the surrogate parent of start-ups. LectureTools, a University of Michigan spin-out that is reinventing educational materials, makes a good argument for it.
The 1-year-old start-up got its start late in 2009 when a small group of graduate students approached U-M Prof. Perry Samson, co-founder of Weather Underground, about reinventing the software program for educational materials, such as course packs, handouts and quizzes. That grass roots movement turned into $650,000 in National Science Foundation grants that allowed U-M students and Samson to redesign the software from the ground up.
“It’s more efficient,” says Jason Aubrey, sales and marketing director and co-founder of LectureTools. “The design is much better and the usability is a lot nicer.”
The Ann Arbor-based firm plans to debut its product this fall at U-M, thanks to the work of a team of 10 employees and several interns, up from the company’s three original founders. LectureTools is working with the university’s Office of Tech Transfer and another company to fully integrate the program with U-M’s infrastructure and begin marketing it beyond Ann Arbor.