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
JANUARY 22, 2020
The following year, Knewton was bought in a deal that has become a poster child for education technology hype. 31, 2020 , and the platform will likely shutter before then, says Ben-Naim, who adds that he and a small staff will help customers transition and move their content to another platform. million in venture capital.
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EdTechTeacher
SEPTEMBER 20, 2022
One example is Knewton , an AI-powered platform that tailors personalized lesson plans to students. Neon, the world’s first “Artificial Human,” was introduced by Samsung-funded Star Labs in 2020. kids between 9 and 12 years old were playing Roblox in 2020. many popular educational platforms include gamified elements.
Edsurge
FEBRUARY 4, 2021
He declined to disclose Top Hat’s current revenues, only sharing that it is “definitely” in the eight figures (between $10 million and $100 million) and grew 40 percent in 2020 over the previous year. Wiley, for example, purchased Knewton and zyBooks just two months apart in 2019 to bolster its digital offerings.
Edsurge
DECEMBER 25, 2019
Wiley to Acquire Knewton’s Assets, Marking an End to an Expensive Startup Journey by Tony Wan Knewton, the much-hyped developer of adaptive-learning tools and digital courseware, was acquired by Wiley. billion market value. Here’s what the next chief will be stepping into.
Edsurge
APRIL 26, 2017
The “cultivation of students’ entrepreneurship and innovation capabilities and practical skills” was a priority in China’s 5-Year Plan for 2016-2020. 9 million (A) 2016 Fosun Group Kaymbu $2 million (Seed) 2016 Sinovation Ventures Knewton $52 million (F) 2016 TAL Education KnowRe $6.8 billion in 2016, according to Goldman Sachs.
Hack Education
DECEMBER 30, 2019
Founded in 2008 by a former Kaplan executive Jose Ferreira, Knewton was one of the most heavily funded ed-tech startups of the decade. He told NPR in 2015 that Knewton’s adaptive learning software was a “mind-reading robo tutor in the sky.” This product is a piece of s**t,” one doctor said. Socorro Dove.
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