In this week’s dealmaking news, on-demand software and e-commerce services provider Ebix purchased a stake in Smartclass Educational Services. Also, NewSchools Venture Fund will invest $5 million in 23 teams of educators who are planning to launch new schools.
PowerSchool said it will acquire talent management solutions company PeopleAdmin. A joint investment from two private equity firms will fund the purchase.
In this week’s dealmaking news, New Mountain Learning, a provider of digital and blended learning solutions, raised funds from CIP Capital. Also, Really Good Stuff purchased Steve Spangler Science.
Education companies including Canada-based Permission Click and Eupheus, an Indian ed-tech startup, raised funds from the investment community.
In this week’s dealmaking news, Oslo-based startup Kahoot! closed a $17 million funding round. Also, GameMine, a mobile game publisher, is partnering with a Prague-based childhood learning app company.
K-12 colloaborative learning platform Kiddom completed its Series B funding round. Also, Tech Will Save Us, a UK developer of STEM kits and toys, raised funding.
Arne Duncan has joined the board of Turnitin, a company focused on plagiarism detection technology and writing tools for the K-12 and higher education market.
Education companies including digital learning company Yogome and language learning company Ponddy raised funds.
Chinese education companies continued to attract investors this week with a Beijing-based K-12 education platform raising $200 million in a Series E round.
Springboard Education has acquired Kids’ Adventures, a provider of before- and after-school programs. Also, Asteria Education has acquired ECS Learning Systems and Aperture Education and Kickboard are partnering to assist schools as they collect, monitor and analyze data on student behavior.