article thumbnail

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.”

Knewton 100
article thumbnail

Wiley Buys ZyBooks in $56M Cash Deal to Bolster Courseware Offerings

Edsurge

the developer of zyBooks , a digital courseware platform for computer science and STEM courses. This marks Wiley’s second courseware purchase in three months, following on its acquisition of the much hyped (and generously funded) Knewton in May. -based education company has acquired Zyante, Inc.,

Knewton 117
Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Knewton 40
article thumbnail

Deals and More Deals: The Top Edtech Business Stories of 2019

Edsurge

The gaming giant worked with the Institute of Play to create STEM-focused, hands-on learning experiences that promote collaboration, creativity and problem solving. We later learned that the education publisher paid less than $17 million —much less than the $180 million that Knewton had previously raised.

EdTech 79
article thumbnail

Making Sense of the Metaverse in Education

EdTechTeacher

One example is Knewton , an AI-powered platform that tailors personalized lesson plans to students. More immersive alternatives will emerge, such as the STEM metaverse for children aged 6-14 that leverages live virtual multiplayer gaming to learn science topics.

Education 190
article thumbnail

The Asian Money Fueling US Edtech Investments

Edsurge

9 million (A) 2016 Fosun Group Kaymbu $2 million (Seed) 2016 Sinovation Ventures Knewton $52 million (F) 2016 TAL Education KnowRe $6.8 edtech startups, including Enuma , Knewton , Minerva Project , Ready4 and Volley. Enuma $4 million (A) 2015 TAL Education, Softbank Ventures Korea Epic! million (Seed) 2014 WI Harper Group GotIt! $9

EdTech 94
article thumbnail

Real Questions About Artificial Intelligence in Education

Edsurge

Can adaptive platforms (such as ALEKS or Knewton) help students learn the facts and enable the teachers to guides? Pischdotchian: Hence the importance of STEAM [science, technology, engineering, arts and mathematics] instead of STEM. Will it free up the day? Will AI replace the teachers? A Survey of the State of Machine Intelligence 3.0,

Education 134