Edsurge

MARCH 14, 2022

Over the last few months, biotech company Theranos has re-entered the conversation due to a slew of newsworthy happenings—the Elizabeth Holmes trial finally came to an end with four of 11 charges of fraud, and Hulu announced The Dropout’s debut while Apple Original Films’s Bad Blood is currently in production. Money came flowing.

Knewton 218

Knewton Education Kaplan Company 218

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.”

Knewton 100

Knewton Pearson Company Adaptive Learning 100

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. In recent years, Dror-Naim says his team has been building the next iteration of its adaptive course-creation tool.

Pearson 100

Pearson Adaptive Learning Knewton OER 100

Edsurge

AUGUST 7, 2019

For the first half of 2019, the industry saw $962 million raised across 65 deals, the highest amount of funding at the halfway mark since at least 2015. By comparison, in the first six months of 2018, companies raised $750 million across 62 deals. Some companies count their accelerator funding into their subsequent seed rounds.

EdTech 147

EdTech Coursera Knewton Analysis 147

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.

Knewton 143

Knewton OER Industry Adaptive Learning 143

Edsurge

DECEMBER 25, 2019

Here’s a look at the biggest edtech business stories of 2019—the ones that captured the most attention, and the ones that should have your attention. But the Denver-based company may find itself in a crowded herd, with competitors new and old jostling for a slice of the $20 billion market. (We Yes, stay tuned for our 2019 analysis.)

EdTech 80

EdTech Knewton Pearson Coursera 80

Edsurge

AUGUST 21, 2018

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

Knewton OER Pearson Adaptive Learning 65