article thumbnail

Founder of Adaptive Learning Company Knewton to Leave CEO Position

Marketplace K-12

Jose, Ferreira, who launched the global adaptive technology company in 2008, will remain on the board of directors. The post Founder of Adaptive Learning Company Knewton to Leave CEO Position appeared first on Market Brief.

Knewton 40
article thumbnail

Knewton Was Acquired For Less Than $17M, and Former CEO Brian Kibby Has Left

Edsurge

That’s a hard hit for investors in the New York-based company, which had raised more than $180 million since its founding in 2008. For most of its years as a startup, Knewton focused on building adaptive learning technologies that it would license to publishers, before pivoting to sell its own courseware in late 2017.

Knewton 99
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Who is the Theranos of Education?

Edsurge

Knewton: All Talk, Little Evidence While AltSchool spent millions of dollars, few experts I talked to described the microschool model as having negative impacts on student learning. But, don’t worry—they had plenty to say about Knewton. The company raised $182 million, but only sold for $17 million.

Knewton 218
article thumbnail

Wiley to Acquire Knewton’s Assets, Marking an End to an Expensive Startup Journey

Edsurge

In the second eye-raising deal for the higher-ed publishing industry in as many weeks, Wiley, a major textbook publisher, has agreed to acquire the assets of Knewton, a provider of digital courseware and adaptive-learning technologies. Financial terms of the deal, which is expected to close by the end of May, were not shared.

Knewton 137
article thumbnail

Jose Ferreira Steps Down as Knewton CEO, Eyes Next Education Startup

Edsurge

Ferreira, who founded the company in 2008, will remain on the company’s board of directors. Ferreira’s decision marks the end of a nearly nine-year run at Knewton, where he strived to build technology to pinpoint what students know, don’t know and should learn next. (He What’s all the buzz about adaptive learning really about?

Knewton 60
article thumbnail

Knewton’s New Business Attracts New $25M in Funding. But Some Things Don’t Change.

Edsurge

The company that set the bar for hyping adaptive-learning technology has had to adapt to new leadership and a new business model. Knewton has raised $25 million in a new funding round—the eighth since it launched in 2008. But some things seem to stay the same—such as its ability to win new investors and capital.

Knewton 65
article thumbnail

Online Learning's 'Greatest Hits'

Edsurge

Online learning is not just another edtech product, but an innovative teaching practice." Designed to adjust in real-time to each student's prior knowledge and skill attainment, adaptive systems respond to variations in ability and diverse student backgrounds, sensitive to the the unique needs of each learner.