article thumbnail

Global Ed-Tech Funding, Propelled by Big Deals, Reaches New Record

Marketplace K-12

Overall, funding for global deals in the digital space jumped by 58 percent from 2014 to 2015, according to research from CB Insights , a New York-based market research company. Another China-based company, 17zuoye , raised $100 million. The company’s name loosely translates into “homework together.”.

Knewton 40
article thumbnail

ACT’s Latest Act: Investing in an Open-Source Assessment Startup

Edsurge

Ever since taking the helm as CEO in 2015, Marten Roorda says ACT has closed 10 deals in which it has invested in, acquired or formed strategic partnerships with educational companies. Besides just being an assessment company, we’re also becoming a learning and navigation company,” Roorda tells EdSurge in an interview.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Business of 'Ed-Tech Trends'

Hack Education

Tom Webster, the VP of strategy at the market research firm Edison Research, argued that the report should be viewed as “an extremely effective piece of content marketing,” pointing to the number of slides that cite data about or by a portfolio company of Meeker’s employer, the venture capital firm Kleiner Perkins Smith Caulfield.

Trends 56
article thumbnail

The Growing Role of Technology in Personalized Learning

MindShift

And various technology companies — from no-name startups to behemoths like Pearson — boast of new programs meant to facilitate this style of education. Some education technology developers, such as Knewton, say machines can figure out what students need to know and how best to deliver it. I see their confidence level take off.

article thumbnail

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. The company has raised $420 million total.

article thumbnail

The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last. Sometimes they strike a deal.

Pearson 145
article thumbnail

Hack Education Weekly News

Hack Education

“ Apollo Education Group , the parent company of the University of Phoenix and Western International University , announced Thursday that it would eliminate the use of mandatory arbitration clauses in students’ enrollment agreements,” Inside Higher Ed reports. “ OpenStax , Knewton introduce adaptive learning into OER.”