Duolingo raised $30 million, while Mentoring Minds, which provides K-12 critical thinking materials, has acquired instructional management platform SchoolSpire. Data management and analytics provider Hoonuit picked up Tembo, a public assessment and accountability reporting company.
Deloitte named its 500 fastest-growing tech companies in North America. Thirty-nine of them touch the world of education in ways big or small.
The Salt Lake City-based company that sells the Canvas learning management system has announced plans to be acquired by Thoma Bravo, a private equity firm.
Recent deals include IXL Learning’s acquisition of Education.com, ASSIST Education’s partnership with Santillana to bring its U.S. high school diplomas to Brazil, a U.K.-based acquisition by Strictly Education, and fundraising by ed-tech startups in Mumbai and Nigeria.
Pearson makes its first acquisition in three years, Guild Education raises a Series D round of funding, and NeighborSchools, which seeks to support daycare providers, raises $3.5 million.
Classcraft, a company that develops games for student engagement and learning, is growing and that means it will have use part of its $7.5 million in new funding to build out its sales infrastructure.
Latino education entrepreneurs often aren’t sure where to look for venture capital funding, according to a new report by the NewSchools Venture Fund.
The education market is expected to grow at an annual rate of 3 percent over the next several years, with openings for companies improving learning outcomes.
K-12 ed-tech businesses and low-tech companies are among those selected to the 2019 Inc. 5000 list of fastest-growing private companies in education.
Some companies see the potential for blockchain to transform K-12 administrative tasks. But are school district officials ready to take the leap?