Many companies in the education market are likely to pursue loans through the recent, massive stimulus. But securing that funding is no sure thing.
Private equity firm Thoma Bravo has acquired Instructure, developer of the popular Canvas Learning Management System.
Thoma Bravo, a private equity firm, had originally offered $47.60 per share to acquire Instructure. Some shareholders considered that sale price to be too low.
A Chicago firm announced a major investment in custom content provider XanEdu, and the Chinese investor Tencent leads a $15 million fundraising round in an India-based learning platform.
Venture capitalists around the world invested 14 times more in ed tech in 2019 than they did in 2010, according to a report released Tuesday by education research firm HolonIQ.
The school tech landscape varies enormously in Europe from country to country, as does demand for out-of-school tutoring, says Benoit Wirz, an education investor focused on the region.
In K-12 dealmaking news, K12 Inc. has acquired Galvanize, a technology training company, while an education recruitment company in the U.K. has acquired a similar business.
The mobile learning app Byju’s continues to attract investor attention, even as the Chan Zuckerberg Initiative, one of its most prominent backers, sold off some of its share in the company.
Ed-tech startup accelerator LearnLaunch will feature EdWeek Market Brief experts at its conference Jan. 30 and 31 in Boston, and is also accepting applications for its accelerator program.
Investments in preK-12 ed-tech products around the globe have fallen dramatically, year over year, according to recently released research.