Pearson Still Won’t Buy Your Startup. But It May Invest in It.

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Pearson probably still won’t buy your startup. Today, the publisher announced the launch of Pearson Ventures, a $50 million fund earmarked for education technology startups raising Series A and B rounds. Pearson Ventures will write checks in the range of $1.5

What’s Next for Pearson? (Not Buying Your Education Startup.)

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For Pearson, the world’s largest education company, some of its recent tumult in past years have been self-imposed, even deliberate, under the helm of John Fallon. Even its digital education assets, including PowerSchool, a student information system, was sold because it didn’t fit with Pearson’s focus on learning outcomes. At ASU + GSV Summit, an education industry conference, this week in San Diego, we sat down with Fallon to learn about what’s next for Pearson.

Pearson Efficacy Study Highlights the Challenge of Letting Students Retest

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Emily Lai, Director of Formative Assessment and Feedback at Pearson But new, externally audited, efficacy research from Pearson about one of the company’s third-party apps shows a significant correlation between increased retesting and lower overall course performance. But Pearson researchers found that students taking the QuizMe tests multiple times to get higher scores actually earned lower course grades in the end. “We Education Technology Efficacy Research

Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

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Last May, major textbook publisher Pearson indicated it was mulling a sale of the U.S. In Pearson’s 2017 full-year results report , the publisher stated that “we have concluded the strategic review of our US K12 courseware business and have classified the business as held for sale.” If concluded, the sale would mark yet another major asset that Pearson has shed since John Fallon took over as CEO in 2013. Education Technology Enterprises Edtech Business

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

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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. Now one of its most high-profile content partners and investors, Pearson , is pulling back. 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.

Pearson Bets One Small Step for Research Is a Leap for Learning Design

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Pearson Education did something it’s never done before. This week the London-based publishing and assessment giant released a set of learning design principles that anyone can use to develop edtech products. For education that means building technology based on what we know about learning. David Porcaro, director of Learning Design at Pearson, says the decision to collect and share these learning design principles “is like putting the ingredients list on food labels.

Amid Struggles, Knewton Names Former Pearson Exec as New CEO

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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. Kibby has spent much of his career working for major textbook publishers—having served as president of McGraw-Hill’s Higher Education Group and a senior vice president at Pearson Education before that. Education Technology Movers and Shakers Community

What Is 5G and What Will It Mean for EdTech?

EdTech Magazine

What Is 5G and What Will It Mean for EdTech? 5G, the fifth generation of wireless networks, promises to be the catalyst for a new age of connected technology and network speed. MORE FROM EDTECH: Check out how schools are improving facilities with IoT integration!

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Year in Review: Our Top Edtech Business Stories of 2018

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And we’re filing stories that capture the essence of the edtech industry in 2018. And Pearson is still around. But the edtech industry has hit some bumps along the way, wrestling with collateral concerns from the public spotlight over data privacy and security. A Clever Way to Measure How Students Actually Use Edtech (and Whether It Works). What’s Next for Pearson? Here’s a teaser: Pearson’s plans do not include buying your startup.

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The Magic Number for Any Successful Education Technology Acquisition

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He’s been involved in six edtech acquisitions over the past seven years, on both sides of the table. From an edtech standpoint, start your M&A pipeline early on.” Number two, have there been recent acquisitions in your area of edtech?

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

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billion, 2019 offers some edtech investors hope that their bets could pay off. So far this year, the wheeling and dealing has clustered around higher education and workforce development, observes Kelly Fuller, a director at BMO Capital Markets who covers the education technology sector.

Strategy, Serendipity, Sleepless Nights: 3 Edtech CEOs on ‘Great Exits’

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He and two other education technology executives shared lessons learned from both sides of the table when it came to mergers and acquisitions. Case in point: He began receiving messages from a private-equity firm interested in his education data management platform, DataCation, after publishing an article in 2014 about how his product found traction in a market where IBM and Pearson had struggled, and sold to over 5,000 schools. Education Technology Mergers and Acquisitions

Instructure Co-Founder Goes After Digital Courseware With His Next Edtech Startup

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For Devlin Daley’s next act, he’s employed a strategy that worked for his previous education business: visit college campuses to see what technologies made students’ and instructors’ lives harder. He’s going after the big fishes, including Pearson’s MyMathLab and Cengage’s WebAssign. “I

Spotting the 2017 Trends That Fuel Edtech Innovation and Investments

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We’re pleased to share this year’s Edtech Outlook, a data-rich dive into the state of education technology with case studies into emerging-frontier innovations. Reach Capital Edtech Outlook 2017 from Jennifer Carolan. Education technology spans a broad category of classroom tools, spanning corporate learning, language learning, digital learning content and more. We focus here on Reach Capital’s sweet spot: school-based education technology.

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US Edtech Investments Peak Again With $1.45 Billion Raised in 2018

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There was also plenty of rain in the education technology industry, where venture capitalists and private-equity investors unleashed a deluge of cash. education technology companies raised $1.45 edtech startups in 2017. And that dip in dealflow has been happening in recent years: Investors are pouring more money into the edtech industry, but across fewer companies. For edtech companies able to show consistent growth and revenue, that should be welcome news.

Why the World’s Youngest Continent Got an Edtech Accelerator

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He is the founder of Injini , an edtech accelerator based in South Africa, that launched this year to support education startups from across the continent. The Injini accelerator is part of the Cape Innovation and Technology Initiative (CiTi), established in 1999 to support entrepreneurs in Cape Town. Across Africa, feature phones make up 56 percent of the overall mobile phone market, according to technology research firm IDC. Education Technology Incubators Edtech Business

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L.A. District Weighs $6.4M Settlement With Apple, Lenovo Over Tech Woes

Marketplace K-12

The nation's second-largest district is poised to settle a dispute with Apple and Lenovo stemming from the system's problematic 1:1 technology rollout. Ed-tech RFPs District Budgets Procurement Online Learning Pearson 11 apple edtech procurement rfp

From Mexico to China: Why the World is Interested in the United States Edtech Market

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In the past, experts have made big projections for the global edtech market, with some groups estimating as much as $252 billion pouring into the market by 2020. The United States is expected to lead the charge, followed by countries in Asia and Europe, so it may come as no surprise that people interested in edtech are traveling from all over the world to learn from, sell to and acquire U.S. Education Technology Market Trends Edtech Business

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Can Edtech Support—and Even Save—Educational Research?

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Can edtech improve the quality and usefulness of educational research? We may be biased (as colleagues at a large and scrutinized edtech company), but we aren’t naïve. We know it might sound farcical to suggest technology companies may play a critical role in improving the quality of education research, given almost weekly revelations about corporations engaging in concerted efforts to distort and shape research results to fit their interests.

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Y Combinator’s Newest Batch of Education Technology Startups

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Eight education startups are among them, and all but one are focused on helping learners develop chops in programming and artificial intelligence technology. Brady has now overseen 11 cohorts of education technology startups over the past seven years. Education Technology Startups Edtech BusinessThere were all the usual trappings of a startup demo day.

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

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Is education technology investing back on track? based edtech startups in 2017 saw a resurgence of investment capital. edtech investments in 2011. educational technology companies whose primary purpose is to improve outcomes for teachers and learners across K-12 and higher education. edtech companies. Education technology investments appear to be on a similar trajectory. edtech startups hit almost $1.7

A Thinking Person’s Guide to EdTech News (2017 Week 37 Edition)

Doug Levin

And whether you are personally concerned about issues of privacy (perhaps because you believe you have nothing to hide ), you should be concerned about the ability of even the most sophisticated technology company to keep the data collected about you secure. Otherwise, here’s what caught my eye this past week – news, tools, and reports about education, public policy, technology, and innovation – including a little bit about why. EdTech News News news

EdTech 150

A Thinking Person’s Guide to EdTech News (2017 Week 37 Edition)

Doug Levin

And whether you are personally concerned about issues of privacy (perhaps because you believe you have nothing to hide ), you should be concerned about the ability of even the most sophisticated technology company to keep the data collected about you secure. Otherwise, here’s what caught my eye this past week – news, tools, and reports about education, public policy, technology, and innovation – including a little bit about why. EdTech News News news

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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

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Now pretend that it’s late 2011, and we get into a debate about education technology. I’m excited for the industry’s future, and I think we can make money investing in publicly-traded edtech companies. I think you’re wrong, so I propose a bet: We’ll both invest in a basket of stocks on January 1, 2012—mine representing the edtech industry, and yours the whole economy. My edtech portfolio was more difficult to assemble. Our Basket of Edtech Stocks: 2U. Pearson.

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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

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edtech companies last year, the dollars returned with a fury during the first six months of 2017. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). Just three years ago, some of the biggest firms on Sand Hill Road—Kleiner Perkins, Sequoia Capital, Benchmark Capital—were happily putting money into edtech startups with unproven revenue models. Home-run bets and financial windfalls are rare in the edtech industry.

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Why I’m Optimistic About the Next Wave of Education Technology

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Over the past 25 years, multiple waves of education technology and innovation have slowly washed into America’s schools and colleges. Along the way, innovators have often over-promised and under-delivered, causing many smart people to wonder if we’re now in a frothy bubble of irrational exuberance, most eloquently summarized by Audrey Watters in Hack Education, who worries that “education technology [merely] serves as a ’Trojan Horse’ of sorts, carrying.

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Rethink Education Re-Ups Commitment to Edtech With $107.5 Million Fund

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education technology startups ebbed in 2016, dipping roughly 30 percent in deal volume and value from the previous year. These statistics offer a somber reminder that the edtech industry does not produce quick, home run hits. Other EdSurge stories about edtech venture capital. 2016 US Edtech Funding Totals $1 Billion. Following Edtech Money (in-depth report on U.S. Rethink Education , an edtech investment firm based in White Plains, N.Y.

The Clock Is Ticking for This Edtech Buyer to Find a Deal

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If it seems baffling that companies with no revenue can raise money from private investors ( ahem , as some edtech startups did in the early 2010’s), then EdTechX Holdings might just sound outright crazy at first. EdTechX claims to be the first SPAC focused on the education technology industry. The plan resembles a rollup strategy, similar to what private equity firms have pursued in the edtech industry. Education Technology Mergers and Acquisitions Financing Investors

Education Technology's Inequalities

Hack Education

I also want to consider that, with or without a President Trump , education technology also might make things worse, might also contribute to these ongoing inequalities – and not simply because many in ed-tech seem quite eager to work with the new administration. Don’t Believe “Don’t Be Evil” My own concerns about the direction of education technology cannot be separated from my concerns with digital technologies more broadly.

The Fault Lines Between Sharing and Shilling for an Edtech Product

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The piece from Natasha Singer examines the murky relationship between edtech developers and the educators who tout their products. For educators like Sean Arnold, who lists more than a dozen credentials and awards from edtech companies on his personal blog, that relationship can be a “double-edged sword,” as he described in his response to the article. “My Thrifty education technology startups have long relied on word of mouth to get their message across.

7 Things to Know About Coding in the Early Childhood Classroom

The CoolCatTeacher

Use the playground versus playpen metaphor when we’re encountering technologies for early childhood. The playpen types of technologies are safe — that’s what a playpen is good for, it’s a safe environment. 6 How important is the tactile piece when it comes to technology?

New Higher-Ed ‘Matchmaking’ Event Aims to Bridge Education Technology Silos

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A pair of consultants who run a popular edtech blog plan to start offering events—in hopes of getting people at colleges and companies who don’t usually talk to each other to join forces on innovative teaching efforts. The consultants—Michael Feldstein and Phil Hill—are best known for the blog they co-publish, e-Literate , and for their coverage of the many existing edtech meetings held by vendors and associations. Education Technology Higher Education Postsecondary Learning

Guest Post: A Technophobe’s Guide to Modern Teaching

EdTech4Beginners

There’s lots of talk about how technology can lead students to be reliant on technology, impeding their love for knowledge. They also argue that using technology inside the classroom could prompt students to become indolent, which will have a negative effect on them in the long run.

Many Online Education Marketplaces Have Sputtered. Will Quizlet’s Pass the Test?

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So far 30 such content creators have been green-lighted, ranging from high-school teachers and college professors, to brand-name publishers including Kaplan, Penguin Random House, Oxford University Press and Pearson, which is selling a handful of English vocabulary materials. Today, the graveyard of K-12 edtech marketplaces is littered with stalled attempts, many from companies that are no longer around. Education Technology Startups Edtech BusinessContent may be king.

Podcasting How To’s and Tips with Jeff Bradbury and Vicki Davis

The CoolCatTeacher

He is currently the Coordinator for Technology Integration and Instructional Technology Coach for a K-12 Regional School District in New Jersey. Edtech Tool Tuesday Education Get Connected (PLN Building) How to Guides.

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Glimpse K12 Unveils New Tool to Help Schools ‘Bundle’ and Save on Tech Purchases

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Other companies have also shed light on the gap between what technology is purchased and what is used. A survey from LearnTrials, another edtech company, came to similar conclusions. For school leaders, Bundle offers “a real opportunity to stretch dollars to solve more problems,” Glimpse K12’s co-founder and CEO Adam Pearson said. According to Pearson, Bundle will cost districts about $3,000 a year, depending on the number of licenses.

China’s NetDragon to Acquire Edmodo for $137.5 Million

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China’s NetDragon has gobbled up another education technology company. The deal could mark the beginning of the end for the “free” model of education technology, at least for standalone education companies without other strong revenue streams to support them. A decade ago, the big education companies were traditional textbook providers such as Pearson. Now the most powerful players are technology companies that offer devices and software.

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What Can Machine Learning Really Predict in Education?

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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. EdSurge re-opened the conversation on Wednesday with a group of educators and education technology entreprepreneurs at a meetup in the Big Apple. Speakers quickly contextualized the technology with the shift in how widely available data is today. “We

In Move to ‘Unlimited’ Pricing Model, Cengage Hopes for a Comeback

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Over the last 10 years or so, the majority of the acquisition activity for smaller edtech startups came from the big textbook companies. But now that we have built an ecosystem of millions of subscribers, it is much easier to filter out which edtech startups actually add value to that ecosystem. So if an edtech startup is focused on enhancing the learning experience for students and faculty, that's the sweet spot that we're focused on. I think Pearson has seen it.

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PowerSchool Buys Chalkable, Tops $200 Million in Acquisition Spending

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Ever since Pearson sold PowerSchool in June 2015, the two companies have embarked on very different paths. Education Technology Mergers and Acquisitions Edtech BusinessThe once venerable publisher axed several high-profile (and profitable) businesses in the Financial Times and The Economist as part of efforts to transform itself into a digital learning business.