Edsurge

MARCH 14, 2022

Stanford professor emeritus and former public district superintendent Larry Cuban described in a 2019 blog the stark reality that AltSchool was “ spending $40 million a year and taking in $7 million in revenue … a recipe for financial disaster.” But, don’t worry—they had plenty to say about Knewton. No kidding.”

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 85

Knewton Pearson Company Adaptive Learning 85

Edsurge

JANUARY 22, 2020

The following year, Knewton was bought in a deal that has become a poster child for education technology hype. In its statement, the publisher said Smart Sparrow’s technology will support its capabilities in adaptive learning and add more interactive and immersive features for its digital books. million in venture capital.

Pearson 89

Pearson Adaptive Learning Knewton OER 89

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. edtech companies in the first half of 2019. The first half of 2019 saw 123 deals of over $100 million. Our analysis for the first half of 2019 only looks at U.S.

EdTech 129

EdTech Coursera Knewton Analysis 129

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. And around 2017, publishers including Pearson that once used Knewton began to pull back.

Knewton 127

Knewton OER Industry Adaptive Learning 127

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. Yes, stay tuned for our 2019 analysis.) We later learned that the education publisher paid less than $17 million —much less than the $180 million that Knewton had previously raised.

EdTech 78

EdTech Knewton Pearson Coursera 78

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. Source: Knewton From a student’s perspective, Alta works primarily by asking questions.

Knewton 62

Knewton OER Pearson Adaptive Learning 62