New education technology companies have entered the market and are attracting millions of dollars in funding from venture capitalists. In different ways, these companies are working to provide innovative solutions to on-going problems in education.

To learn more, check out the eight education tech companies listed below. The startups highlighted in this article are less than seven years old and have all been profiled in the Ed Tech Startup Dashboard Q3 2015 by Simba Information, a leading provider of market research and analysis.

As schools gradually shift away from print products and move to innovative, technology-based formats, a new digital evolution is occurring in the classroom. In the U.S., growth in the number of schools, implementation of modern technological devices, and new standards and tests are all major factors contributing to the increasing demand for digital instructional materials. 

Mention the market for e-books and most folks flash to a vision of fashion-forward urbanites wielding the latest reading device or tablet while sipping a latte in the park.

Newspapers, magazines and bloggers love to discuss consumer e-books—it’s sexier, more connected to leisure, art, culture and how people read these days—but it is not the heart and soul of the e-book market.

The educational publishing industry traditionally has been dominated by the large textbook publishers and a few large instructional software providers. However, that has shifted. New technology companies are sprouting, changing and challenging traditional ways of providing education in schools and colleges. Investors are paying attention and pouring millions of dollars into ed tech startups in the hopes of a huge return.