Wiley to Acquire Knewton’s Assets, Marking an End to an Expensive Startup Journey

Edsurge

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.

Hitting Reset, Knewton Tries New Strategy: Competing With Textbook Publishers

Edsurge

Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. The move marks a major turn for Knewton, which has raised more than $157 million in venture capital based largely on a promise to provide the high-tech engine inside online textbooks created by publishers and organizations. On its website, Knewton describes its new online textbooks as “ course products.”

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Knewton’s New Business Attracts New $25M in Funding. But Some Things Don’t Change.

Edsurge

Knewton has raised $25 million in a new funding round—the eighth since it launched in 2008. But Knewton’s newest backer, TriplePoint Capital, seems eager to offer a lifeline for the company’s new business model: selling digital courseware directly to higher-ed institutions. “We’re We’re excited to support Knewton’s effort to put Alta into the hands of every college student in the U.S.,” Source: Knewton From a student’s perspective, Alta works primarily by asking questions.

Knewton, HP team up on personalized print solutions

eSchool News

Adaptive learning provider Knewton has unveiled Personalized Print Learning Solutions with HP to make adaptive learning materials seamlessly available across print and digital platforms.

K-12 Dealmaking: Knewton Raises $52M; Imagine K12 Merges with Y Combinator

Marketplace K-12

Venture capital deals in the ed-tech market dominated the news over the past week, with companies such as Knewton, SchoolMint, and NuuEd announcing the completion of funding rounds as well as ed-tech accelerator Imagine K12 merging with the Y Combinator fund. The round, led by Belgium-based Sofina and London-based Atomico, marks Knewton’s largest fundraising round to date, the company said.

K-12 Dealmaking: Apple Acquires Learnsprout; Pearson, Knewton Turn to Adaptive Math

Marketplace K-12

Recent dealmaking news includes acquisitions by Apple and Excelligence Learning, and partnership between Pearson and Knewton. With acquisitions being a critical component of our five-year strategic plan, Really Good Stuff represents a perfect archetype: strong brand equity, extremely loyal customers, complementary products and access to new market segments,” said Excelligence CEO Kelly Crampton in a statement. The Knewton-powered enVisionMATH2.0

Pearson Bets on Adaptive Learning (Again) With $25M Acquisition of Smart Sparrow

Edsurge

The following year, Knewton was bought in a deal that has become a poster child for education technology hype. Department of Education to improve access to open-licensed educational materials, or OER.

Going Back to School to Learn About Blended Learning

Ed Tech from the Ground Up

And companies like Knewton are targeting schools taking a personalized approach. From the perspective of administrators, working with startups gives you direct access to the creators of the product who want and need help improving it. Recently I was invited by the Natick, Mass.

K-12 Dealmaking: Investor Weld North, Learn Launch Make Big Moves

Marketplace K-12

Here’s a roundup of recent news in the world of K-12 dealmaking: Weld North Acquires Intellify Learning: Ed tech investor Weld North Holdings LLC has acquired a controlling interest in Intellify Learning , a cloud-based provider of learning analytics and data management services to collect, measure, store, access, distribute and visualize learning metrics. TAL joins Knewton’s latest round of funding, which is led by Sofina, a Belgian investment group. By Alexa J. Henry.

School of Me: Letting students study what they want, when they want is the latest education trend

The Hechinger Report

They gave each student access to technology that helps teachers customize their lessons. Some education technology developers, such as Knewton, say machines can figure out what students need to know and how best to deliver it.

Pearson Signals Major Shift From Print by Making All Textbook Updates ‘Digital First’

Edsurge

And focusing on digital makes the secondary textbook market even less attractive, since students have to buy access directly from Pearson to get course materials. A bundle that includes access to its other online tools, including MyLab and Mastering, costs about $79.

What the Big Edtech Mergers and Acquisitions of 2019 Signal for the Industry

Edsurge

This deal would enable them to have a lot of flexibility in terms of what they’re offering to students whether it’s the Cengage Unlimited or McGraw Hill’s Inclusive Access subscription models. Another publisher, Wiley, bought Knewton and Zybooks in a span of two months.

Learning From Algorithms: Who Controls AI in Higher Ed, And Why It Matters (Part 2)

Edsurge

Kyle Bowen: It is important for institutions to begin to develop these kinds of capabilities, and a lot of that starts with creating an ecosystem for data at your university—being able to access these data, understand where it’s coming from and what the actual data elements mean. Ones used directly for academics (like Knewton) or ones that are non-academic? With Knewton, that is this notion of personalized and adaptive instruction.

Tinkergarten Raises $5.4M to Get Kids to Go Outside, Play and Learn

Edsurge

For Brian Fitzgerald, what began as a newborn side project in 2012—when he was working at edtech startup Knewton—has become a fully-grown venture of its own. We want to take the best of experiential learning and make it accessible to anyone, anywhere.” Tinkergarten , which operates a network of outdoor-based classes for young children, has raised $5.4 million in a Series A round led by Owl Ventures. Existing investors Omidyar Network and Reach Capital also contributed.

The Growing Role of Technology in Personalized Learning

MindShift

They gave each student access to technology that helps teachers customize their lessons. Some education technology developers, such as Knewton, say machines can figure out what students need to know and how best to deliver it. For instance, Waggle, a program powered by Knewton’s technology, serves students new tasks based on how well they did on previous tasks. You want to extend and maximize their time in the system,” said Jose Ferreira, Knewton’s founder and CEO.

The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

The real digital divide, this article contends, is not that affluent children have access to better and faster technologies. (Um, There are, of course, vast inequalities in access to technology — in school and at home and otherwise — and in how these technologies get used.

Saddle Up for Silicon Slopes! Our Guide to the 2017 ASU+GSV Summit

Edsurge

The conference also welcomes the return of familiar faces in new gigs: former Knewton CEO is now with Bakpax, and Los Angeles Unified’s former superintendent John Deasy will share plans for rebuilding prisons to better serve incarcerated youths. Register here for free access to the interviews and get the latest updates and schedule. Polish the dress shoes. Stiffen those shirt collars.

The Asian Money Fueling US Edtech Investments

Edsurge

9 million (A) 2016 Fosun Group Kaymbu $2 million (Seed) 2016 Sinovation Ventures Knewton $52 million (F) 2016 TAL Education KnowRe $6.8 edtech startups, including Enuma , Knewton , Minerva Project , Ready4 and Volley. This approach, says Goldman Sachs’ Victor Hu, offers “an efficient, relatively inexpensive way for overseas investors to access the U.S. “ You Can’t Make Movies Without China.”

EdTech 101

Real Questions About Artificial Intelligence in Education

Edsurge

Can adaptive platforms (such as ALEKS or Knewton) help students learn the facts and enable the teachers to guides? I wonder if we can get to point where students have the data and it’s up to them (students and their parents) to say, ‘Yes, schools you can have access.’. Don’t doubt it: Machine learning is hot—and getting hotter.

What’s At Risk When Schools Focus Too Much on Student Data?

MindShift

Jose Ferreira, CEO of Knewton , said in a 2012 speech that his “adaptive learning” platform, used by 10 million students globally, collects 5 to 10 million data points per student per day — down to how many seconds it takes you to answer that algebra problem. It’s certainly imaginable that both colleges and employers will want to see this info now that it’s available in a broader, more accessible format. Should they have access to it?

5 Doubts About Data-Driven Schools

NPR Learning and Tech

Jose Ferreira, CEO of Knewton , said in a 2012 speech that his "adaptive learning" platform, used by 10 million students globally, collects 5 to 10 million data points per student per day — down to how many seconds it takes you to answer that algebra problem. "We Should they have access to it?

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Hack Education Weekly News

Hack Education

The open-access publisher PLOS has a new CEO : Alison Mudditt. Via Edsurge : “ Pearson , an Investor in Knewton , Is ‘Phasing Out’ Partnership on Adaptive Products.” ” No disclosure in the story that Edsurge shares investors with Knewton , nor that Pearson is, by way of Learn Capital, also an investor in Edsurge. Education Politics.

Education Technology and the Ideology of Personalization

Hack Education

” Some 20 Facebook engineers work on the software, and according to The Washington Post , the student information it tracks and stores is not housed on Facebook servers, although Facebook does have access to the data. Nevertheless, Knewton claims Knewton’s personalized learning products work. This is part nine of my annual review of the year in ed-tech. Facebook’s Plans to “Personalize” Education.

Hack Education Weekly News

Hack Education

Via Pacific Standard : “Why Is the FCC Considering Cutting Broadband Access for Students?” ” Via CJR : “‘This is unprecedented’: Public colleges limiting journalist access.” ” Inside Higher Ed on Knewton ’s “pivot.” ” Via The 74 : “ Middle Schoolers Without Broadband Access Feel Set Up for Failure, New Survey Finds.” (National) Education Politics. RIP Net Neutrality.

Hack Education Weekly News

Hack Education

A new project from the Learning Policy Institute and EducationCounsel : “Reimagining College Access: Performance Assessments From K–12 Through Higher Education.” From the press release : “ Knewton Launches Alta, Fully Integrated Adaptive Learning Courseware for Higher Education, Putting Achievement in Reach for Everyone.” Each week, I gather a wide variety of links to education and education technology articles.

Hack Education Weekly News

Hack Education

“ Telcel customers can now access Khan Academy free of data charges on mobile apps and es.zero.khanacademy.org thanks to partnership with Carlos Slim Foundation and Telcel,” says Khan Academy. Knewton has partnered with WebAssign. Presidential Campaign Politics. Via the Washington Post : “ Trump pitches $20 billion education plan at Ohio charter school that received poor marks from state.” ” The plan: vouchers and “ choice.”

Education Technology and the Power of Platforms

Hack Education

…This is key to its advantage over traditional business models when it comes to data, since a platform positions itself (1) between users, and (2) as the ground upon which their activities occur, which thus gives it privileged access to record them.

The Business of 'Ed-Tech Trends'

Hack Education

Knewton ( mind-reading robo tutor in the sky ) – $157.25 One could look at companies that made major shuffles in the executive boardrooms: a new CEO at Coursera , the departure of Coursera’s chief product officer , a new CEO at Knewton , the departure of Altschool’s COO , for instance.

The Politics of Education Technology

Hack Education

I wrote about his education portfolio – it includes Clever, Knewton, and AltSchool – but I’ll revisit this topic when I tackle ed-tech and surveillance “personalization” in a subsequent article in this series.). ” Accessibility and Technology (and the Role of Governments and Corporations). It’s another one of those open questions: what will happen to “access” to the Internet under President Trump?

The Long Life of a Data Trail

Graphite Blog

A very incomplete list of examples here include Knewton, Infinite Campus, eScholar, Schoolnet, Learnsprout, or Clever. While Privacy Policies and Terms of Service should be read in full (free login required for access), for the purposes of this post we are going to focus on two specific sections that can be used to gut the terms in any policy: how policies can be changed, and how data is treated in case of sale, merger, or bankruptcy.

Hack Education Weekly News

Hack Education

He’s a partner at Founders Fund, which has invested in Knewton, AltSchool, Uversity, ResearchGate, If You Can, Upstart, Declara, and Affirm. “In the Leeds offering, for example, each course certificate will cost £59 and there are five taught courses; the sixth assessment course, which leads to 10 credits, is priced at £250 – making a total cost of £545 – which will also cover access to online library content,” The Guardian reports. (It’ll

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Hack Education Weekly News

Hack Education

The Education Department, in the coming weeks, plans to solicit offers from companies that would manage a federal prepaid card that allows students to directly access refunds of their student loan or grant money – the money that’s left over after covering tuition and that’s typically used to pay for books, off-campus housing and other living expenses.” Via Campus Technology : “ Knewton Releases $44 Adaptive Digital Textbooks.”

MOOC 52

Hack Education Weekly News

Hack Education

According to excerpts of speeches published by Wikileaks – stolen data – Clinton called the Common Core a “political failure” in a speech she gave to Knewton. Neither Knewton nor the Clinton campaign have confirmed the veracity of this leaked speech. ” Via the ACLU : “ Facebook , Instagram , and Twitter Provided Data Access for a Surveillance Product Marketed to Target Activists of Color.” Presidential Campaign Politics.

Hack Education Weekly News

Hack Education

” The proposed bill would eliminate the 15-year time limit on accessing education benefits. ” Via Education Dive : “ Coursera ’s Tom Willerer talks personalization, access.” “Mind-reading robo tutor in the sky” company Knewton has a new CEO , Brian Kibby , formerly with Pearson. (National) Education Politics.

Hack Education Weekly News

Hack Education

Lots of folks in ed-tech seem super excited about Trump too, including Knewton’s Jose Ferreira , Jack Kent Cooke Foundation’s Harold O. The BBC reports that “ Cuba signs deal for faster internet access to Google content.” ” Meanwhile, “ Germany -wide consortium of research libraries announce boycott of Elsevier journals over open access,” according to BoingBoing. The Trump Administration.