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Knewton Was Acquired For Less Than $17M, and Former CEO Brian Kibby Has Left

Edsurge

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.”

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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. Imagine K12 Merges With Y Combinator: The Redwood City, Calif.-based

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

Edsurge

The gaming giant worked with the Institute of Play to create STEM-focused, hands-on learning experiences that promote collaboration, creativity and problem solving. We later learned that the education publisher paid less than $17 million —much less than the $180 million that Knewton had previously raised.

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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. Enuma $4 million (A) 2015 TAL Education, Softbank Ventures Korea Epic! million (Seed) 2014 WI Harper Group GotIt! $9

EdTech 101
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Ed Tech News, a New Podcast, and the Hack Education Roundup!

The Learning Revolution Has Begun

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. Online video portal Udemy announced that it has raised $3 million Adaptive learning company Knewton announced a massive round of fundraising: $33 million.

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October 24 - Ed Tech News, Our Weekly Podcast, and the Hack Education Roundup!

The Learning Revolution Has Begun

of Text-Messaging at School A Big Step for Gesture-Based Learning? A newly released report from Georgetown University''s Center on Education and the Workforce looks at the future of STEM-related jobs. See PDF for more details.)

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Could Remixing Old MOOCs Give New Life to Free Online Education?

Edsurge

Lue says that he hopes the LabXChange system will be a prototype of a next-generation learning platform, and that future versions could include adaptive learning features that would offer students different material based on their demonstrated skill level. He said his hope is to help build an open source alternative.

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