Remove Adaptive Learning Remove Company Remove Industry Remove Knewton
article thumbnail

Who is the Theranos of Education?

Edsurge

Over the last few months, biotech company Theranos has re-entered the conversation due to a slew of newsworthy happenings—the Elizabeth Holmes trial finally came to an end with four of 11 charges of fraud, and Hulu announced The Dropout’s debut while Apple Original Films’s Bad Blood is currently in production. Money came flowing.

Knewton 218
article thumbnail

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

Edsurge

The deal marks the latest in a series of acquisitions involving digital courseware, the industry parlance for online products that leverage data and technology to personalize the course instruction and feedback that each student receives. Already, the Sydney, Australia-based company has pulled back on its social media presence.

Pearson 96
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. 1, 2019), the company reported a more than 20-percent decline in this division.

Knewton 135
article thumbnail

Jose Ferreira Steps Down as Knewton CEO, Eyes Next Education Startup

Edsurge

Knewton has decided to step down from the perch and lay low—for now. Yesterday, the New York-based company announced that Ryan Prichard, who has been with the company since July 2012, most recently as Chief Technology Officer, will assume the CEO position. What’s all the buzz about adaptive learning really about?

Knewton 60
article thumbnail

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

Edsurge

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. But some things seem to stay the same—such as its ability to win new investors and capital.

Knewton 64
article thumbnail

US Edtech Funding Already Nears $1 Billion in First Half of 2019

Edsurge

education technology industry appears on track to surpass the amount of investor funding tallied in recent years. 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.

EdTech 139
article thumbnail

Deals and More Deals: The Top Edtech Business Stories of 2019

Edsurge

industry, eclipsing last year’s tally. Some deals have given birth to new unicorns, the industry parlance for private businesses valued at over $1 billion. Thanks to a $157 million fundraise, the edtech industry has given birth to its third U.S. Investors continue to pour money into the U.S. But there have also been fire sales.

EdTech 79