Blackboard Inc. and Ontario, Canada-based ed-tech company Chalk.com have formed a partnership to deliver a digital gradebook and portfolio for K-12 educators.
In this week’s dealmaking news, game-based learning platform CodeMonkey raised $1.5 million while Tenka Labs, a developer of STEM toys for children ages 8 and up, has raised $2.1 million.
ETS announced plans to acquire the K-12 testing organization Questar Assessment. In the Indian market, Cuemath raised $15 million from investors including CapitalG.
In this week’s dealmaking news, The Noodle Companies raised $5 million, while Macmillan Learning has acquired ed-tech company Intellus.
TeacherLists, a school supply list creation platform, has formed a partnership with MemberHub, a provider of online school communications solutions.
Ed-tech startup Learntron has raised an undisclosed amount of funding from Mumbai-based early-stage investor Kae Capital in a pre-Series A funding round, according to press reports.
Frontline’s acquired eSPED.com; in addition, BYJU’s, an India-based ed-tech startup, received $15 million from the World Bank’s investment arm.
As 2016 comes to a close, let’s take a moment of highlight some of the noteworthy deals in the ed-tech sector. Several major players expanded their offerings with multiple acquisitions.
Finalsite acquired School Website. Also, several education companies received funding from the investment community, including Osmo and MasteryConnect.
Two education companies based in India, Next Education and Math Buddy, were players in dealmaking this week, with the former company making and acquisition and the latter raising money.