Edsurge
SEPTEMBER 7, 2019
When Wiley announced back in May that it had acquired Knewton, both companies kept mum on how much the deal was worth. In its most recent earnings report , which covers the three months ended July 31, 2019, Wiley disclosed that it had “spent $73 million in total on acquisitions in the quarter, including zyBooks and Knewton.”
Edsurge
MAY 6, 2019
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. The New York City-based company has raised more than $180 million in investment capital.
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Edsurge
DECEMBER 19, 2017
based edtech startups in 2017 saw a resurgence of investment capital. So far this year, these companies raised over $1.2 Yet at 126 deals, the number of fundraises in 2017 is also at its lowest since 2011. billion—does not account for companies whose primary product and service focus on student loan refinancing.
Marketplace K-12
FEBRUARY 1, 2016
Recent dealmaking news includes acquisitions by Apple and Excelligence Learning, and partnership between Pearson and Knewton. acquired the San Francisco-based startup that helps K-12 educators “use data to analyze the past, understand the present, and anticipate the future,” according to the company’s Twitter page.
Edsurge
AUGUST 7, 2019
By comparison, in the first six months of 2018, companies raised $750 million across 62 deals. educational technology companies whose primary purpose is to support educators and learners across preK-12 and postsecondary education. Some companies count their accelerator funding into their subsequent seed rounds.
Edsurge
MAY 26, 2020
The term comes from the physical devices that other companies used to sell, where students literally pressed buttons to respond to multiple-choice questions. The Toronto-based company once relied on textbook publishers to distribute its technology. To date, the company has raised $105 million in venture capital.
Edsurge
JANUARY 22, 2020
The following year, Knewton was bought in a deal that has become a poster child for education technology hype. Already, the Sydney, Australia-based company has pulled back on its social media presence. Called Aero , the platform has been in the works since 2017. In 2014, the Gates Foundation awarded the company a $4.5
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