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.
Market Brief
Actionable K-12 intel for business leaders powered by data and original research you can trust.