Major assessment and analytics provider Renaissance has acquired KeyPhonics, while startup Course Hero has acquired Scribbr.
The philanthropist MacKenzie Scott’s donation — the largest unrestricted gift in Digital Promise’s history — is the latest in a series of grants she’s made to education organizations.
A group of investors are fighting publicly traded education giant Houghton Mifflin Harcourt’s $2.8 billion sale to Veritas Capital.
Discovery Education has been acquired by an affiliate of Clearlake Capital Group while Savvas Learning Company acquired digital math program developer Rubicon Publishing.
The Canada-based tutoring organization Paper has raised $270 million in Series D funding, and the Taiwanese tutoring company AmazingTalker brought in $15.5 million.
Houghton Mifflin Harcourt, one of the most recognizable publishers and content-providers in the K-12 space, is being acquired by private equity firm Veritas Capital for about $2.8 billion in cash.
It’s the largest single donation the NewSchools Venture Fund has ever received, and it continues a string of enormous gifts to education from the philanthropist.
Winning and Losing Pitches: Why Venture Capitalists Choose to Invest – or Not
Four Investors Break Down How They Choose to Place Bets on Education Companies
Four venture capitalists focused on education tell EdWeek Market Brief about pitches from companies that made them want to invest, and others that made them stay away.
A Private Equity Investor’s Take on the Boom Cycle Fueling the Market
Francisco Partners' Jason Brein Sees No Sign of Flagging Demand for Ed Tech, Even With the Return to In-Person Instruction
Districts’ appetite for ed-tech has not waned with the return of in-person learning, says Jason Brein, a partner at the private equity firm Francisco Partners.
Organizations focused on corporate social responsibility can provide a source of funding for districts that would not otherwise be able to pay for digital purchases, say a pair of Cognitive ToyBox officials.
Market Brief
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