Digital learning company EVERFI raised $190 million from investors including Bono; in addition, education game company Legends of Learning and early-childhood app provider Marco Polo Learning received investments.
Software provider Frontline Edcuation acquired job search resource Teachers-Teachers, the company’s first acquisition of 2017; also, Excelligence, a provider of educational tools and learning solutions, acquired Frog Street Press.
Adaptive learning and instructional design company Smart Sparrow raised $4 million, and Bomberbot, a coding platform for children based in the Netherlands and Finland, raised money in a funding round led by a Dutch investment firm.
In this week’s dealmaking news, software and services company Blackbaud acquired scholarship management solution AcademicWorks.
In this week’s dealmaking news, India-based ed-tech startup BYJU’s raised $30 million from investors, and Raise.me, a social enterprise-focused company, has taken in $12 million.
Edlio, a provider of content management systems for the K-12 market, and Excelligence, an early childhood education tools and solutions company, announced acquisitions.
The Chinese STEM education and robotics company Makeblock raises $30 million in a Series B round, and Indian startup Nactus takes in an undisclosed amount from a group of angel investors.
The online proctoring company Examity has secured a $21 million from University Ventures and the Inherent Group; and Kiddom has raised $6.5 million in a financial round led by a Khosla Ventures investment partner.
Competency-Based Learning Gaining Traction: Illinois Launches Initiative
Education Companies Encouraged to Examine How They Might Serve Local Districts' Needs
A new Illinois program, modeled in part on efforts in other states, will encourage districts to replace high school graduation course requirements with alternative systems of their design.
ACT will invest in ProExam, a provider of noncognitive and professional credentialing. And Capstone, a children’s book publisher and provider of digital products and services, has sold myOn to technology investor Francisco Partners.