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One of the World’s Best-Funded Edtech Companies Is Investing In AI Moonshots. Can It Work?

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This month the company made clear its ambitious research agenda: to achieve the science-fiction dream of building next-generation teaching aids with artificial intelligence. Edtech is one of the slowest adopters of AI so far, compared to some of the other industries out there,” Roy said. billion since it was founded 10 years ago.

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Who is the Theranos of Education?

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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.

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

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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. So it comes as a surprise that the founder and CEO of.

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Digital Courseware Provider Top Hat Gets $130M and a New CEO

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Another balding founder of a tech company is passing the baton off to a successor. No, this is not the same shellshock as Jeff Bezos’ resignation letter, nor is the company anywhere as big as Amazon. His successor will be Joe Rohrlich, who previously served as chief revenue officer for Bazaarvoice, an e-commerce analytics company.

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What the Big Edtech Mergers and Acquisitions of 2019 Signal for the Industry

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Fuller, who has covered the edtech industry for over a decade, recently shared her take on current trends on edtech mergers and acquisitions. On the lifelong learning and certification side, I would say Colibri Group [an online education company that serves licensed professionals], which bought Western Schools.

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

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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.

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