Founder of Adaptive Learning Company Knewton to Leave CEO Position

Marketplace K-12

Jose, Ferreira, who launched the global adaptive technology company in 2008, will remain on the board of directors. The post Founder of Adaptive Learning Company Knewton to Leave CEO Position appeared first on Market Brief. Marketplace K-12 Adaptive Learning Educational Technology/Ed-Tech Knewton

Knewton Launches Partnerships With Ed. Companies in China, Japan

Marketplace K-12

Knewton has established partnerships with companies in about 20 countries outside the United States, where demand for ed-tech is growing. Assessment Ed-tech International K-12 Markets International Markets Online Learning Publishing adaptivelearning assessment testing

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

Edsurge

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. So the company has hit the reset button. The company plans an official launch in January, in hopes that more professors will adopt them for the fall.

Amid Struggles, Knewton Names Former Pearson Exec as New CEO

Edsurge

Knewton pioneered adaptive-learning technology and amassed more than $157 million in venture capital, but lately the company has weathered through the loss of publishing partners and the departure of its outspoken founder. To turn things around, this week Knewton announced a new CEO , Brian Kibby, who plans to move at “lightning speed” and execute a new strategy. I said, if it’s Knewton, I’m very interested, but if it’s not Knewton, I’m not.”

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. The rest comes from company’s existing investors, including Accel, Atomico, Bessemer Venture Partners, FirstMark Capital, First Round Capital, Founders Fund and Sofina. Source: Knewton From a student’s perspective, Alta works primarily by asking questions.

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

Edsurge

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. The retrenchment delivers a setback to Knewton, for whom Pearson was the first—and most visible—partner. Through these partnerships, Knewton tags digital content with metadata and maps them onto a learning path.

Pearson To Scale Back Partnership With Adaptive Learning Provider Knewton

Marketplace K-12

Going forward, Pearson “is developing its own in-house adaptive learning capability,” said a representative for the company. The post Pearson To Scale Back Partnership With Adaptive Learning Provider Knewton appeared first on Market Brief. Marketplace K-12 Curriculum/Digital Curriculum Online/Virtual Learning Personalized/Adaptive Learning

'Adaptive' K-12 Print Products Unveiled by HP, Knewton

Marketplace K-12

Silicon Valley tech company HP and Knewton, the developer of digital learner profiles, are partnering on an effort to bring "adaptive" print products into K-12 schools. Ed-tech Online Learning Publishing adaptivelearning print publishing

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. Ferreira, who founded the company in 2008, will remain on the company’s board of directors. It’s a dubious assertion, although the company did try to trademark the term.).

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. The round, led by Belgium-based Sofina and London-based Atomico, marks Knewton’s largest fundraising round to date, the company said.

K-12 Dealmaking: Apple Acquires Learnsprout; Pearson, Knewton Turn to Adaptive Math

Marketplace K-12

Recent dealmaking news includes acquisitions by Apple and Excelligence Learning, and partnership between Pearson and Knewton. acquired the San Francisco-based startup that helps K-12 educators “use data to analyze the past, understand the present, and anticipate the future,” according to the company’s Twitter page. Pearson, Knewton Form Partnership: Pearson and Knewton have teamed up in an effort to “personalize” K–12 math education starting with elementary school students.

Yes There’s ‘Disruption’ in College Market, But the Bigger Trend Is Growth of ‘Enabler’ Companies

Edsurge

And, over the last year – alongside the disrupters – firms that provide technologies that help colleges and universities operate and deliver in a digital world have garnered some of the more significant venture funding rounds, including for example Panopto (lecture capture), Kaltura (video), Examity (remote proctoring), and Knewton (analytics), among others. The rallying cry among many higher-education startups is “disrupting” college as we know it.

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

Edsurge

Should such features emerge, that would make the platform a free competitor to systems like Knewton, the for-profit company that was an early player in adaptive learning and now focuses on selling low-cost textbooks built around open content. “It’s It’s a little hard to tell how Knewton works because it is so proprietary,” says Lue. It’s common these days to hear that free online mega-courses, called MOOCs, failed to deliver on their promise of educating the masses.

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Going Back to School to Learn About Blended Learning

Ed Tech from the Ground Up

As an online learning tool, Listen Current fits well into blended learning, but I wanted to learn more about how schools are adopting it and how we as a company can be more attractive to schools using blended learning. This is where new ed-tech companies can come into the picture.

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. Knewton Launches Partnerships With Ed.

K-12 Dealmaking: Investor Weld North, Learn Launch Make Big Moves

Marketplace K-12

The partnership represents McGraw-Hill Education’s latest investment in digital research and development; the company estimates that it invested $175 million in digital development and operations in 2015. The program is part of AT&T’s $350 million “commitment to empower students to reach their full potential,” the company said in a statement. Among other recent moves, a Chinese education company announced plans to invest in a prominent U.S.-based By Alexa J. Henry.

School of Me: Letting students study what they want, when they want is the latest education trend

The Hechinger Report

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.

The Business of Ed-Tech: 2017 So Far

Hack Education

And indeed, according to my calculations too, the amount of money invested in education technology companies is up from this time last year and up from this time in 2015 as well. So far this year, there have been 95 investments in ed-tech companies, totaling $1.8

With Eyes on Asia, Kidaptive Raises $19.1M to Grow Its ‘Invisible’ Adaptive Learning Platform

Edsurge

based company now touts itself as a provider of adaptive-learning technologies for educational content providers. The company has refocused its business and research around what it calls its “Adaptive Learning Platform.” In 2015, Kidaptive acquired Hodoo English, a language-learning company, in a deal that established Kidadaptive’s Korea headquarter. The company’s Adaptive Learning Platform works in a number of ways.

What Can Machine Learning Really Predict in Education?

Edsurge

For years education companies have tried to apply technologies to better understand students and tailor their learning experiences, or support instructors who can intervene when human help is needed. Panelist Andrew Jones, a data scientist at Knewton, admitted that despite the hype, machine learning is still relatively limited in how it’s been applied, at least in the eyes of some users. Gather student data, make predictions about their learning—and perhaps their future.

'The Ed-Tech Mafia'

Hack Education

Back row from the left: Jawed Karim, the co-founder of YouTube; Jeremy Stoppelman, the CEO of Yelp; Andrew McCormack, co-founder of the venture capital firm Valar Ventures; Premal Shah, President of Kiva, the microfinancing company. Over the companies that get funded.

Machine Teaching, Machine Learning, and the History of the Future of Public Education

Hack Education

Companies have been selling their products – textbooks, workbooks, maps, films, and so on – to schools for well over a century. Pearson, for example, was founded (albeit as a construction company) in 1844 and acquired along the long history various textbook publishing companies which have also been around since the turn of the twentieth century. Their products will make teachers’ work easier, faster, companies have always promised.

Consolidation, collaboration or closure? How colleges stay alive in 2018

The Christensen Institute

Paul Freedman: The innovation for 2018 will be “partnerships,” including partnerships between institutions (like the University Innovation Alliance or the active learning consortium) and partnerships between higher education institutions and for-profit companies (like Lyft and Guild Education). The last year certainly turned in its share of surprises. Prominent full-time MBA and law programs folded. Whole colleges closed, as did well-known bootcamps.

Of Openness, Ecosystems, and Type I and Type II Error

iterating toward openness

In it, he reflects on several topics, including his honest misgivings about the recent OpenStax / Knewton partnership announcement. While that last may seem counterintuitive (why would a for-profit company pay it’s employees to give their work away?)

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K-12 Dealmaking: Khan Academy Acquires App Developer; GradeSlam Raises $1.6 Million

Marketplace K-12

In an interview with Fortune magazine , Kahn said his company “technically bought [Duck Duck Moose] for $1, and we immediately went into fundraising mode to figure out how to also bring the team. And check out EdWeek Market Brief , a service that provides companies doing business with schools with news, analysis, and original data on the needs and priorities of K-12 systems. iAugmentor Raises $149,000: India-based ed-tech company iAugmentor Labs Pvt.

The Business of 'Ed-Tech Trends'

Hack Education

When I first started working as a tech reporter, I assumed – naively – that venture capitalists were smart people who did thorough research before funding a company. I assumed that they looked to see if the company could do what it promised – financially, technologically. Its founder, Elizabeth Holmes, dropped out of Stanford to start the company when she was just 19. The companies that raised the most money this year: BYJU’s (tutoring): $540 million.

Fewer Deals, More Money: U.S. Edtech Funding Rebounds With $1.2 Billion in 2017

Edsurge

So far this year, these companies raised over $1.2 educational technology companies whose primary purpose is to improve outcomes for teachers and learners across K-12 and higher education. billion—does not account for companies whose primary product and service focus on student loan refinancing. edtech companies. In 2017, three companies—EverFi ($190 million), Hero K12 ($150 million) and Grammarly ($110 million)—accounted for 37.5

Tinkergarten Raises $5.4M to Get Kids to Go Outside, Play and Learn

Edsurge

For Brian Fitzgerald, what began as a newborn side project in 2012—when he was working at edtech startup Knewton—has become a fully-grown venture of its own. These activities may seem silly, perhaps even a tad frivolous, but the company claims they help build cognitive, physical, social and emotional skills. The company will provide organizers with all required materials. Those companies are familiar names to Fitzgerald, who says he’s eyeing the landscape closely. “We’re

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. The company offers a suite of tools used to create, deliver and generate reports from digital assessments.

The Asian Money Fueling US Edtech Investments

Edsurge

So states a recent Wall Street Journal report on the tens of billions of dollars that Chinese companies have poured on U.S. To adapt, many companies are investing domestically, particularly in China, where edtech companies raised more than $1.2 Increasingly, Asian companies are also investing abroad to find fresh ideas and tools to bring to their local markets. Edtech Companies With Asia-Based Investors. Based Company. Company.

Consolidation, Collaboration or Closure? How Colleges Stay Alive in 2018

Edsurge

Paul Freedman: The innovation for 2018 will be “partnerships,” including partnerships between institutions (like the University Innovation Alliance or the active learning consortium) and partnerships between higher education institutions and for-profit companies (like Lyft and Guild Education). The last year certainly turned in its share of surprises. Prominent full-time MBA and law programs folded. Whole colleges closed, as did well-known bootcamps.

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. For instance, Waggle, a program powered by Knewton’s technology, serves students new tasks based on how well they did on previous tasks. By NICHOLE DOBO, The Hechinger Report.

Peter Thiel and the Future (and Funding) of Education Technology

Hack Education

He was the first investor in the social media company in 2004.) Peter Thiel’s entrepreneurial and investment history, in brief: He co-founded the online payments company PayPal in 1998 with Max Levchin. PayPal merged with Elon Musk’s financial transaction company X.com the following year, going public in 2002 and then sold to eBay later that year. Knewton (adaptive teaching software).

Hack Education Weekly News

Hack Education

Wayne Johnson, the head of the department’s financial aid division and a former executive at a student loan company , says that those “non-traditional” servicers could include companies like Visa , Amazon , or Goldman Sachs. ” The Wall Street Journal profiles InfiniLaw , a company that runs for-profit law schools. ” According to Edsurge , Knewton is now a courseware company and not a “robot tutor in the sky.”

Hack Education Weekly News

Hack Education

Here are the education technology companies that have raised money from ISPs. I’d totally forgotten that Zynga was still a thing, but apparently the company has enough money to subsidize gaming courses. Via Edsurge : “ Pearson , an Investor in Knewton , Is ‘Phasing Out’ Partnership on Adaptive Products.” Here’s a look, from Edsurge , at the company’s involvement in education, so that’s just swell.). Education Politics.

Hack Education Weekly News

Hack Education

Via The Washington Post : “ Student loan companies reach $21.6 From the Knewton blog : “ Introducing Knewton Product Updates for Fall 2017.” The literacy software company has raised $14.8 The company, which according to its Crunchbase profile is a “Q&A learning platform powered by a proprietary A.I. (National) Education Politics. “The Trump Administration Has Revoked A Federal Directive On Campus Rape ,” Buzzfeed reports.

Education Technology and the Power of Platforms

Hack Education

At the time, I wrote about the importance of APIs; the issues surrounding data security and privacy; the appeal of platforms for users and businesses; and the education and tech companies who were well-positioned (or at least wanting) to become education platforms.

Education Technology and the Ideology of Personalization

Hack Education

Facebook, like many digital technology companies, promises that in exchange for collecting your personal data – your name, your age, your gender, your photos, metadata on your photos, your location, your preferences, your browsing and clicking habits, your friends’ names – it will deliver “personalization.” ” Data can be shared with any company that Facebook deems necessary. This is part nine of my annual review of the year in ed-tech.

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. “Why are there 72 slides about gaming, from a company invested in EA, Zynga, Mobcrush, and Magic Leap?”

Saddle Up for Silicon Slopes! Our Guide to the 2017 ASU+GSV Summit

Edsurge

The region boasts an unusual concentration of highly-valued tech startups—Domo, Qualtrics and Inside Sales are among them—along with big education companies, including Instructure, the developer of the Canvas learning management system. Missionaries also hone a valuable skill for any tech company looking to grow: communication. Polish the dress shoes. Stiffen those shirt collars.

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