In this week’s dealmaking news, LivingTree has acquired parent-teacher communication tool ClassMessenger.
LivingTree Acquires ClassMessenger: Austin, Texas-based LivingTree, a private social network for Pre-K through grade 12 family engagement, has snapped up ClassMessenger, according to a statement. Terms of the deal were not disclosed.
“ClassMessenger’s philosophy and delivery around two way communication and engagement simplicity perfectly align with what LivingTree delivers at the class, grade, school, and district level,” according to a blog posting on LivingTree’s website.
LivingTree said it will continue to operate the ClassMessenger platform through the end of June.
Learntron Raises Funding From Kae Capital: 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.
Chennai-based Learntron a suite of blended learning delivery apps for K-12 schools, online educators and corporations.
Five early-stage education technology companies will participate in LearnLaunch’s Breakthrough program beginning on January 9th. Companies receive up to $120,000 in financing, as well as an intensive two-month personalized curriculum designed to stimulate company growth and assist in raising capital, according to LearnLaunch.
The five companies that service the K-12, higher education, early education, and continuing education markets are: CareAcademy, CourseStorm, Kaymbu, Quality Interactions and WriteSteps.
GradTrain Raises $500,000: Jerusalem-based GradTrain, a curated marketplace for studying abroad, has raised $500,000 in a seed-funding round led by private investors.
“The funds will be used to scale its successful global platform that offers predictive algorithms for assessing chances of acceptance to U.S. universities and online mentoring for international students,” according to a statement from the company.
GradTrain’s admissions predictor leverages machine learning to assess prospective students’ chances of acceptance to hundreds of U.S. universities and provides suggestions on which schools are right for the students, according to the company. The organization says the recommendations are objective and based on big-data analytics.
Be sure to check back on Marketplace K-12 for updates on mergers, acquisitions, fundraising, and other dealmaking.