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. Wiley had disclosed paying $56 million in cash for zyBooks, a digital courseware provider for STEM and computer science subjects.

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.

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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.

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. When it comes to the business of education, the teenage years of this century are going out with a bang.

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.

MOOC 131

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. Don’t doubt it: Machine learning is hot—and getting hotter.

The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

For the past ten years, I have written a lengthy year-end series, documenting some of the dominant narratives and trends in education technology. I think it is worthwhile, as the decade draws to a close, to review those stories and to see how much (or how little) things have changed.

Hack Education Weekly News

Hack Education

” According to Edsurge , Knewton is now a courseware company and not a “robot tutor in the sky.” ” Knewton has raised some $157 million in venture capital. ( No disclosure that Edsurge shares investors – GSV Capital – with Knewton.). This one via The 74 : “ By 2022, America Will Need 1 Million More College Grads With STEM Training Than We Are on Track to Produce.” (National) Education Politics.

Hack Education Weekly News

Hack Education

Via Edsurge : “ Pearson , an Investor in Knewton , Is ‘Phasing Out’ Partnership on Adaptive Products.” ” No disclosure in the story that Edsurge shares investors with Knewton , nor that Pearson is, by way of Learn Capital, also an investor in Edsurge. ” Via Education Week : “In Kentucky , Rural Schools Betting on Drones to Stem ‘Brain Drain’ ” (Venture) Philanthropy and the Business of Ed Reform. Education Politics.

Hack Education Weekly News

Hack Education

” This stems from a protest at the University of Connecticut. ” Inside Higher Ed on Knewton ’s “pivot.” (National) Education Politics. RIP Net Neutrality. Thoughts on how this might effect education from Inside Higher Ed , from NPR , from Internet2 (via Bryan Alexander), from The Washington Post , and from Edsurge. Not Net Neutrality, but another potential FCC move – ending the E-Rate program.

Hack Education Weekly News

Hack Education

” Via the Google blog : “ VR Labs open doors of opportunity for STEM students.” “ Mind-reading robot tutor in the sky ” company Knewton has raised $25 million from these suckers: Triple Point Capital, Accel, Atomico, Bessemer Venture Partners, FirstMark Capital, First Round Capital, Founders Fund, and Sofina. Each week, I gather a wide variety of links to education and education technology articles.

MOOC 53

Hack Education Weekly News

Hack Education

Via Campus Technology : “ Knewton Releases $44 Adaptive Digital Textbooks.” Via Edsurge : “ Smithsonian Forms ‘Strategic Alliance’ With Carnegie Learning to Build New STEM Products.” Each week, I gather a wide variety of links to education and education technology articles. All this feeds the review I write each December on the stories we are told about the future of education. National) Education Politics. The US government shut down.

MOOC 52

Hack Education Weekly News

Hack Education

“ OpenStax , Knewton introduce adaptive learning into OER.” News/Raytheon STEM Index recorded a slight rise in hiring, education and general interest in technology and engineering over last year, while math education and general interest in science declined. The biggest growth occurred at the graduate level, but despite years of investment in attracting more American students to STEM, that expansion was not homegrown.” Education Politics. “ U.S.

Hack Education Weekly News

Hack Education

“Mind-reading robo tutor in the sky” company Knewton has a new CEO , Brian Kibby , formerly with Pearson. Edsurge reports that 100Kin10 , an organization that promises to train 100,000 STEM educators in the next decade, has received some $28 million in corporate pledges. (National) Education Politics.

Ed Tech News, a New Podcast, and the Hack Education Roundup!

The Learning Revolution Has Begun

Responding to President Obama''s call to train 100,000 teachers in STEM subjects in the next 10 years, Google and 80 other organizations have founded 100Kin10. Its mission: "to reverse the United States’ decades-long decline in STEM subjects, to ensure that all children have the basic STEM literacy to be full participants in our economy and democracy and to enable U.S.

The Politics of Education Technology

Hack Education

I wrote about his education portfolio – it includes Clever, Knewton, and AltSchool – but I’ll revisit this topic when I tackle ed-tech and surveillance “personalization” in a subsequent article in this series.). This is part two of my annual review of the year in ed-tech. One of the challenges of writing this series – and trust me, there are many – is separating my analysis out into ten articles that name ten distinct “trends.”

Hack Education Weekly News

Hack Education

Jose Ferreira is stepping down as the CEO of Knewton. ” – “ China’s STEM learning industry may reach $15 billion by 2020.” Education Politics. Via The New York Times : “ Obama to Dismantle Visitor Registry Before Trump Can Revive It.” ” “The registry, created after the attacks of Sept.

October 24 - Ed Tech News, Our Weekly Podcast, and the Hack Education Roundup!

The Learning Revolution Has Begun

Kinect Connects with Sesame Street SXSWedu Announces LAUNCHedu: An Ed-Tech Startup Pitch Event A New Ed-Tech Podcast Grockit & Knewton: Big Bucks for Adaptive Learning Platforms Startup Weekend EDU Returns to San Francisco HACK EDUCATION NEWS ROUNDUP And here, in full, is the Hack Education weekly roundup, also available directly at Hack Education. A newly released report from Georgetown University''s Center on Education and the Workforce looks at the future of STEM-related jobs.