In this week’s dealmaking news, the ed-tech sector saw a handful of acquisitions. Private equity firm Education Growth Partners acquired Apex Learning while Sylvan Learning purchased Citelighter, among other acquisitions.
Digital learning company EVERFI raised $190 million from investors including Bono; in addition, education game company Legends of Learning and early-childhood app provider Marco Polo Learning received investments.
Software provider Frontline Edcuation acquired job search resource Teachers-Teachers, the company’s first acquisition of 2017; also, Excelligence, a provider of educational tools and learning solutions, acquired Frog Street Press.
Adaptive learning and instructional design company Smart Sparrow raised $4 million, and Bomberbot, a coding platform for children based in the Netherlands and Finland, raised money in a funding round led by a Dutch investment firm.
The value of transactions in the education sector fell by 70 percent, from $17.75 billion to $5.32 billion, in the most recent year, a new report says.
In this week’s dealmaking news, software and services company Blackbaud acquired scholarship management solution AcademicWorks.
In this week’s dealmaking news, India-based ed-tech startup BYJU’s raised $30 million from investors, and Raise.me, a social enterprise-focused company, has taken in $12 million.
Edlio, a provider of content management systems for the K-12 market, and Excelligence, an early childhood education tools and solutions company, announced acquisitions.
The Chinese STEM education and robotics company Makeblock raises $30 million in a Series B round, and Indian startup Nactus takes in an undisclosed amount from a group of angel investors.
The online proctoring company Examity has secured a $21 million from University Ventures and the Inherent Group; and Kiddom has raised $6.5 million in a financial round led by a Khosla Ventures investment partner.