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Can a For-Profit, Venture-Backed Company Keep OER Free—and Be Financially Sustainable?

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New and traditional publishers are trying to offer alternatives such as open educational resources (OER), or freely downloadable and adaptable learning materials. But some providers of OER still ask for fees in return, and that has advocates concerned. Edward Watson.

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

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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.

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

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Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. Now the company has pivoted, and it is poised to formally announce its own online courseware that will compete head-to-head with those publishing giants.

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

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The company that set the bar for hyping adaptive-learning technology has had to adapt to new leadership and a new business model. The rest comes from company’s existing investors, including Accel, Atomico, Bessemer Venture Partners, FirstMark Capital, First Round Capital, Founders Fund and Sofina.

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Pearson, an Investor in Knewton, Is ‘Phasing Out’ Partnership on Adaptive Products

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Throughout the past decade, Knewton ’s adaptive learning technology has been backed by some of the biggest names in the both the publishing and venture capital community. Pearson will no longer use Knewton’s adaptive learning engine for some of its digital offerings. content providers.

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Heard, Overheard and Announced at ISTE 2016

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The ISTE conference isn’t the biggest edtech conference in the world by sheer luck. It brings together K-12 educators, companies, reporters, university professors, and students to talk about product announcements, implementation strategies and edtech trends. Full EdSurge coverage on Google here.) Wondering about Apple?

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Michelson Runway Announces 5 Higher-Ed Startups in Inaugural Cohort

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Michelson Runway , a San Francisco-based accelerator, announced the handful of companies that will be in its inaugural cohort. Around 200 companies applied for the five spots in the 2016 cohort. Michelson Runway has invested a total of $225,000 in the companies, with each receiving a minimum of $25,000 and some getting more.

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