K-12 Dealmaking: Certica Acquires Educuity; Kira Talent Raises $5 Million

Contributing Writer

In this week’s dealmaking news, Certica Solutions acquired Educuity, while college admissions platforms drew funds from the investment community.

Certica Acquires Educuity: Ed-tech company Certica Solutions has acquired Educuity, a provider of Ed-Fi® services, technology and data architecture for state and local education agencies. Terms of the deal were not disclosed.

The acquisition “strengthens the data element of the Certica Connect platform and accelerates the growth of Educuity’s ed-fi services,” according to a statement from Wakefield, Mass.-based Certica, a platform-as-a-service (PaaS) solution for the K-12 market.

The Ed-Fi Data Standard and technology components, developed and licensed by the non-profit Ed-Fi Alliance enable educators and education technology companies “to achieve integration and interoperability between education data systems, and create applications and processes to improve student outcomes,” according to the statement. Both the Ed-Fi Alliance and Educuity are based in Austin, Texas.

Kira Talent Raises $5 Million: Kira Talent, a Toronto-based provider of a video admissions and talent assessment platform for higher education, has closed a $5 million Series A financing round, the company said in a statement. Kira received funds from existing investors Relay Ventures, BDC Capital IT Venture Fund, Globalive and Roger Martin.

Following two seed rounds, totaling $1.8 million in 2013 and $1.2 million in 2014, Kira has raised a total of $8 million to date. The company said it will use the funds “to provide greater value for clients and develop technology focused on supporting the entire student journey from the admissions process through to job placement.”

Ciaflo Raises Funds in Pre-Series A Round: Singapore-based ed-tech startup Ciaflo has raised an undisclosed amount in a pre-series A funding round, according to various press reports.

The round was led by Singapore-based Govin Capital with additional investments from Koh Boon Hwee, who has served as the chairman of Singtel, DBS Bank and Singapore Airlines and other unnamed angel investors, according to the reports.

Ciaflo offers college admission consulting services and enables students to plan and manage their college applications.

Birch Hill Sells Carson-Dellosa: Private equity firm Birch Hill Equity Partners, has sold Carson-Dellosa Publishing, LLC, a provider of K-8 supplemental education content for parents, teachers and students, to Guardian Capital Partners, according to a report from The PE Hub Network. Financial terms of the transaction were not disclosed.

Greensboro, N.C.- based Carson-Dellosa offers digital and print workbooks, test-prep, hands-on learning materials, and classroom décor and resources.

Be sure to check back on Marketplace K-12 for updates on mergers, acquisitions, fundraising, and other dealmaking. Also see EdWeek Market Brief, a service that gives companies operating in the market insights on the needs and priorities of school officials.

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