Knewton’s New Business Attracts New $25M in Funding. But Some Things Don’t Change.
AUGUST 21, 2018
Knewton has raised $25 million in a new funding round—the eighth since it launched in 2008. But Knewton’s newest backer, TriplePoint Capital, seems eager to offer a lifeline for the company’s new business model: selling digital courseware directly to higher-ed institutions. “We’re We’re excited to support Knewton’s effort to put Alta into the hands of every college student in the U.S.,” Source: Knewton From a student’s perspective, Alta works primarily by asking questions.