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Clearlake Capital-Backed Discovery Education to Acquire DreamBox Learning? 

eSchool News

Charlotte, NC — Discovery Education , a global education technology company backed by Clearlake Capital Group, L.P. and TPG’s The Rise Fund will retain minority stakes in the company. and TPG’s The Rise Fund will retain minority stakes in the company. Inspired by the global media company Warner Bros. Discovery, Inc.

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Course Hero Adds $70 Million to Series B Fundraise

Edsurge

As it turns out, the company wasn’t done fundraising. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. Companies like Coursera, which helps universities build and access online courses, have ridden the momentum from new registrations to secure a $130 million investment in July.

Course 129
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4 Ways Edtech Entrepreneurs Can Earn Trust and Unlock New Opportunities With Education Customers

Edsurge

This was followed in 2006 with Amazon’s launch of Amazon Web Services (AWS), which enabled edtech entrepreneurs to build their solutions in the cloud, allowing them to rapidly and constantly iterate based on customers’ needs throughout the academic year. Meanwhile, a trend that began in the 1990s was picking up steam — one-to-one computing.

EdTech 127
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Clearlake Capital-Backed Discovery Education Acquires DoodleLearning

eSchool News

The company has laid out exciting plans to increase the number of instructional minutes it supports each day, and DoodleLearning is poised to play a significant role in this effort.”. In October of 2020, Discovery Education acquired Mystery Science and in July of 2020, Discovery Education purchased Spiral.

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SIIA, a Pioneering Convenor for the Edtech Industry, Scraps Its Conferences

Edsurge

Its 2020 summer conference, originally scheduled for May, convened virtually—but not without losing substantial revenue that it normally generated from its in-person event. Its early work focused on lobbying on behalf of its members, which also included companies across the banking, financial and trade publishing sectors.

Industry 164
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States bet big on career education, but struggle to show it works

The Hechinger Report

At a legislative hearing in 2020, a Louisiana education department official said the reporting lapse could cost the state $21 million in annual federal funding for career education. (A For example, a 2020 analysis found that only 18 percent of the credentials CTE students earn are sought by employers in job postings.

Outcomes 123
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Tributes Pour in for Sir Ken Robinson, a ‘Source of Insight, Inspiration and Joy for Millions’

Edsurge

We’re now running national education systems where mistakes are the worst thing you can make,” he said in his 2006 TED Talk , which has been watched more than 85 million times online. RIP Sir Ken Robinson pic.twitter.com/NWtN1mI0Go — Michelle Kraft (@mnkraft) August 22, 2020.