Why I’m Optimistic About the Next Wave of Education Technology

Edsurge

As recently as 1997, only 27 percent of America’s K-12 school had internet access—a number that skyrocketed to 92 percent by 2003. Between 2004 and 2011, I worked as an executive in SchoolNet and Kaplan, both of which grew into successful and innovative education companies. Kaplan thrived during the decade, growing to more than $2.8 Purdue’s recent acquisition of Kaplan and ETS acquisition of Questar for $127.5

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New Markets Venture Partners Adds $30 Million, Former Gates Foundation Executive to Edtech Fund

Edsurge

His career also includes stops at Microsoft, Schoolnet and Kaplan. New Markets has supported 43 companies since its launch in 2003; edtech startups make more than 90 percent of its deals in the past five years, Palmer adds. Everyone once in awhile they decide they want to get into education,” Palmer says, from Washington Post’s purchase of Kaplan in 1984 and LinkedIn buying Lynda.com in 2015.

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New Markets Venture Partner’s Latest Edtech Fund Closes at $68 Million

Edsurge

New Markets’ Market Forecast Over the years, New Markets’ Palmer, whose career includes stints at Microsoft, Kaplan and the Gates Foundation, has learned to read market cues from federal legislation. To date, New Markets has invested nearly $30 million across 23 education technology companies since its founding in 2003.

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Weld North Acquires Performance Matters, Merging It With Truenorthlogic

Marketplace K-12

Previously, Grayer was CEO of Kaplan, the education company that grew into a $2 billion business over his 14-year tenure. Performance Matters, which was founded in 2003, provides comprehensive, integrated solutions for formative assessment, data management, and analytics. Former Kaplan CEO Makes Big Moves in Education Market.