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.
The number of ed-tech deals rose from 100 late last year to 131 in the first quarter of 2017, with a value of $545 million, a new analysis shows.
The Technology for Education Consortium calculated that some districts paid a price that is 20 to 40 percent higher than other school systems for the same hardware and software.
The value of transactions in the education sector fell by 70 percent, from $17.75 billion to $5.32 billion, in the most recent year, a new report says.
EdWeek Market Brief hosts a Monday, April 24 webinar at 2 p.m. EST examining new McKinsey & Co. survey data on the characteristics of successful ed-tech salespeople.
In this week’s dealmaking news, software and services company Blackbaud acquired scholarship management solution AcademicWorks.
A new law signed by President Trump that scales back privacy regulations on internet service providers could undermine safeguards for K-12 schools, critics say.
The Financial Times noted that a brokerage’s questions about the ability of Pearson to grow its presence in virtual schools caused the drop.
District IT leaders’ involvement in purchasing digital content for core curriculum, formative assessment and other areas is rising, and an overwhelming majority see “open” content as part of the instructional mix, a COSN survey shows.
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.