The Rise Fund is making a $130 million investment in DreamBox Learning, the digital math provider.
The metro hubs of Shanghai and Beijing have seen huge jumps in the amount of investment flowing to ed-tech companies in recent years, according to CB Insights.
In this week’s dealmaking news, Canada-based classroom workflow app Showbie acquired formative assessment tools provider Socrative. Also, Swing Education, an online job market for substitute teachers, and Goodwall, a professional development network for students, raised funds.
In this week’s dealmaking news, a handful of education companies were acquired; Follett acquired adaptive learning platform Fishtree and Chegg acquired online studying platform StudyBlue.
Inside a K-12 Mega-Merger: Illuminate Education CEO Breaks Down the Deal
Christine Willig Sketches Out Her Vision for the Re-Imagined Assessment and Data Business
Christine Willig, the CEO of a newly formed Illuminate Education, plans to focus on “process and people” as she combines five companies into one ed-tech business with a focus on a next-generation data platform, formative assessments, and more.
Five companies–IO Education, Illuminate Education, Key Data Systems, SchoolCity, and Alpine Achievement–have been merged into a new Illuminate Education by Insight Venture Partners, an investment firm.
In this week’s dealmaking news, a number of ed-tech companies including Boxlight and Education Networks of America announced acquisitions.
Chinese English language education company VIPKID raised $500 million. Also, Microsoft acquired classroom video platform Flipgrid.
Investments in education–from venture capital for startups to $1 billion acquisitions–were the topic of discussion at a recent ed-tech industry conference.
In this week’s dealmaking news, educational publisher Vista Higher Learning acquired Spanish language education company SANTILLANA USA.