An EdWeek Market Brief survey of more than 300 executives of education companies found that nearly half are considering seeking venture capital to fuel growth in the next year.
Eight companies joined HolonIQ’s list of global ed-tech unicorns over the summer, with companies that work in tutoring, skills, and corporate learning making their mark.
The education software platform Panorama raised $60 million in a Series C round of funding, and Pearson snapped up an Australian AI-focused company.
Follett’s K-12 content and software division is being sold to Francisco Partners, and U.S. regulators have approved the merger of game-based learning platform Kahoot! with single-sign-on provider Clever.
Two months after McGraw Hill announced it was being acquired by Platinum Equity, the education giant has entered into an agreement to acquire digital content provider Achieve3000.
China’s New Education Restrictions Have Big Implications for Companies
Vendors From the U.S. and Other Markets Will Need to Weigh How to Comply With a New Regulations on Tutoring
Businesses are rebranding products and bracing for impacts of a new regulation in China that severely clamps down on all for-profit tutoring in the country.
This past month saw major infusions of capital into classroom management and safety solutions provider GoGuardian and a startup that integrates teaching tools into Zoom.
PowerSchool, a major provider of student information systems and an array of other K-12 tools, is the latest education company to announce it is going public.
Instructure, maker of the widely used K-12 learning management system Canvas, is the latest ed-tech firm to go public.
K-12 media and tech overtook professional learning services as the education market segment with the highest activity, as acquisitions totaled nearly $20 billion in the first half of 2021.
Market Brief
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