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.
Pearson announced a $25 million acquisition of an Australian digital learning company, and China-based VIPKid’s raised $80 million in new venture capital funding.
Where K-12 Venture Capitalists Will Likely Invest in 2020
Products around the future of work, after-school programs, and social-emotional learning could benefit
Investors are likely to set a higher bar for financially backing education companies over the next year, even as they look to put their money behind new product areas.
In K-12 dealmaking news, Pearson’s first investments from its venture capital arm have been announced, and a Nashville-based startup that provides parent feedback to schools raises $1 million.
Duolingo raised $30 million, while Mentoring Minds, which provides K-12 critical thinking materials, has acquired instructional management platform SchoolSpire. Data management and analytics provider Hoonuit picked up Tembo, a public assessment and accountability reporting company.
The Fastest Growing Ed-Tech Companies in North America
EdWeek Market Brief Breaks Out the Education Players From Deloitte's List of Tech Providers
Deloitte named its 500 fastest-growing tech companies in North America. Thirty-nine of them touch the world of education in ways big or small.
The Salt Lake City-based company that sells the Canvas learning management system has announced plans to be acquired by Thoma Bravo, a private equity firm.
Recent deals include IXL Learning’s acquisition of Education.com, ASSIST Education’s partnership with Santillana to bring its U.S. high school diplomas to Brazil, a U.K.-based acquisition by Strictly Education, and fundraising by ed-tech startups in Mumbai and Nigeria.
The International Society for Technology in Education, or ISTE, is acquiring ed-tech news organization EdSurge.
How Does an Education Company Put New Venture Capital Funding to Work?
Classcraft's Co-Founders Lay Out Plans to Channel Investment Into Sales Teams, and R&D
Classcraft, a company that develops games for student engagement and learning, is growing and that means it will have use part of its $7.5 million in new funding to build out its sales infrastructure.