BUFFALO, N.Y. -- The head of a student data processing organization says it will shut down in the coming months following criticism that led to the recent loss of its last client — New York state.
The Atlanta-based nonprofit inBloom was started with $100 million in financing from the Bill and Melinda Gates Foundation and Carnegie Corp.
The goal was to give educators across the country a data-based tool to personalize instruction. But the idea of storing sensitive student data in cloud-based servers had parents and lawmakers worried about privacy and security.
Earlier this month, New York became the last state to back out of plans to use inBloom.
In a statement on inBloom's website Monday, Chief Executive Iwan Streichenberger called its demise a "missed opportunity" for teachers and school districts.
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