Agile Investment Group acquired LightSail, developer of an adaptive reading platform. In addition, educational lender Meritize and The Graide Network, an online writing feedback platform, raised funding.
Turnitin, a provider of tools to prevent plagiarism, engage students in the writing process and facilitate feedback for the K-12 and higher education markets, has acquired VeriCite, a plagiarism detection tool.
The new data tool aims to give policymakers and the public a way of comparing rich and poor countries’ academic performance in ways that were not possible before.
In this week’s dealmaking news, Quizlet, a free study app, raised $20 million in new funding. Also, EMC School, a provider of digital and blended language learning solutions, acquired digital programs producer Zulama.
India’s Economy Is Soaring, But Breaking Into Its School Market Isn’t Easy
Buying in the Nation of 1.3 Billion People Occurs School by School, and Parents Are Key Decisionmakers
India’s rapid economic growth has fueled increasing demand for private education, but education companies often struggle to find a sufficiently big, stable market.
What Follett Looks For in Partnering With Education Companies
The Major K-12 Provider's Access to Schools and Libraries Means It's in High Demand
Senior Vice President Britten Follett describes her company’s ability to reach schools and libraries—and what it wants in return from potential business partners who want to tap into its networks.
Ed-tech businesses including LearnPlatform and TeacherGaming raised funds. Also, education management solutions provider ASSIST and Brainly announced acquisitions.
Companies including a text messaging app and a provider of STEM tools for teachers raised funding. Also, educational games provider Jumpstart acquired online math program Sokikom, and Microsoft and PowerSchool unveiled a new partnership.
BoomWriter Media Inc., a collaboration tool for the crowdsourcing of writing content in schools and colleges, has closed a new round of funding worth $4.1 million.
An early childhood programs provider, a startup focused on college loan acquisition, and a company that helps schools monitor online activity all raised new funding.