EvaluNet

EvaluNet (Pty) Ltd is a South African-based developer of educational software headquartered in Cape Town. The company was founded in 1995 as Interactive Learning Solutions and changed name to EvaluNet in 1999. In September 1999, Naspers, a multinational JSE-listed media company, purchased a 49% share holding in EvaluNet. In 2002, the company founder and MD, Dereck Marnewick, purchased this share holding back from Naspers.