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.

Wiley Buys ZyBooks in $56M Cash Deal to Bolster Courseware Offerings

Edsurge

the developer of zyBooks , a digital courseware platform for computer science and STEM courses. This marks Wiley’s second courseware purchase in three months, following on its acquisition of the much hyped (and generously funded) Knewton in May. Wiley did not disclose how much it paid for Knewton, suggesting that that amount is likely smaller than this transaction.) The former costs $44 per course for two years of access, or $9.95

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How ‘Learning Engineering’ Hopes to Speed Up Education

Edsurge

The hope is that if what would normally take 10,000 hours could be shortened to 1,000, and be done via methods that are more affordable and accessible, many more people can become experts. Newkirk believes that his model will work for other STEM fields, including chemistry and physics. Another dashed hope was the digital tutor made by a New-York-based company called Knewton, which one education consultant rated as “snake oil” in an NPR story in 2015.

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.’. Pischdotchian: Hence the importance of STEAM [science, technology, engineering, arts and mathematics] instead of STEM. Don’t doubt it: Machine learning is hot—and getting hotter.

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.”

Ed Tech News, a New Podcast, and the Hack Education Roundup!

The Learning Revolution Has Begun

and aims to address some of the obstacles to broadband adoption -- in terms of cost, access, relevance, and digital literacy. Google has worked to address many of the accessibility issues, and The Chronicle of HIgher Education reports that the issue was resolved "without any admission of wrongdoing." Responding to President Obama''s call to train 100,000 teachers in STEM subjects in the next 10 years, Google and 80 other organizations have founded 100Kin10.

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.

Hack Education Weekly News

Hack Education

Via Pacific Standard : “Why Is the FCC Considering Cutting Broadband Access for Students?” ” This stems from a protest at the University of Connecticut. ” 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.”

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 43

Hack Education Weekly News

Hack Education

“ OpenStax , Knewton introduce adaptive learning into OER.” Elsevier has acquired SSRN , an online open access repository. News/Raytheon STEM Index recorded a slight rise in hiring, education and general interest in technology and engineering over last year, while math education and general interest in science declined. ” Via The Atlantic : “The Complex Data on Girls in STEM.” Education Politics. “ U.S. Secretary of Education John B.

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.

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 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. There are a variety of reasons for this: language barriers, lack of Internet access, incompatible devices, lack of training.