New York-based Parallel said the influx of capital is aimed at helping the organization expand into new territories and invest in product development.
Laura Slover, who played a major role in helping states design and implement Common Core assessments, will lead the new effort.
Big education organizations, including Cambium Learning, AVID, and ETS named new top executives at the ASU+GSV summit, or in the run-up to it.
Marc Sternberg, the K-12 education program director for the Walton Family Foundation, is leaving the organization to start a fund meant to support digital-first education companies.
Richard Carranza, the former schools chief in New York City, will become the chief of strategy and global development at IXL Learning, a Silicon Valley-based online personalized learning platform.
A math tutoring company acquires an AI-based startup, two Indian ed-tech startups secure a combined $7.6 million in new investments, and an Irish company secures $6.5 million in a Series A round.
Mike Evans, the former chief financial officer at McGraw-Hill Education, has been named the first-ever chief revenue officer at HMH.
Private equity firm and technology investor Silver Lake made an investment in Imagine Learning, a provider of supplemental math, language and literacy programs.
Nana Banerjee most recently worked as group president of Verisk Analytics, where he focused on expanding its work in big data.
After a two-month hiatus, Stuart Udell takes another leadership role at a K-12 company–this time a leadership change that marks the departure of Saki Dodelson, the longtime CEO and co-founder of Achieve3000.