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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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Who is the Theranos of Education?

Edsurge

Knewton: All Talk, Little Evidence While AltSchool spent millions of dollars, few experts I talked to described the microschool model as having negative impacts on student learning. But, don’t worry—they had plenty to say about Knewton. Life at a startup is hard, but education is exponentially harder.' No kidding.”

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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. I said, if it’s Knewton, I’m very interested, but if it’s not Knewton, I’m not.”

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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. Ferreira’s decision marks the end of a nearly nine-year run at Knewton, where he strived to build technology to pinpoint what students know, don’t know and should learn next. So it comes as a surprise that the founder and CEO of.

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Wiley to Acquire Knewton’s Assets, Marking an End to an Expensive Startup Journey

Edsurge

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. No industry analyst we spoke with believes the sale price was anywhere near what Knewton had raised.

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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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Pearson Bets on Adaptive Learning (Again) With $25M Acquisition of Smart Sparrow

Edsurge

The following year, Knewton was bought in a deal that has become a poster child for education technology hype. ACT, the group best known for its assessment used in college admissions, invested $7.5 One such provider, Acrobatiq, was acquired in 2018. Founded in 2011, Smart Sparrow had raised about $23.5 million in venture capital.

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