The acquisition represents the value that Renaissance, one of the largest assessment and learning analytics companies in the K-12 market, places on a relative newcomer.
Google has bought app-maker Launchpad Toys, prompting speculation about how the Silicon Valley corporation is expanding its reach into the market for kids and families.
A managing director at Berkery Noyes, an investment firm that tracks deals made in K-12, expects strong activity in the sector this year.
The worldwide education company recently sold back its 5 percent stake in Nook Media, Barnes & Noble’s struggling e-reader division, for nearly $28 million.
Blackboard acquired ParentLink, a communication platform that connects schools with parents and the community.
Goldman Sachs and other investors are financing a $17 million social impact bond for the Chicago Public Schools’ expansion of a pre-K program.
A Microsoft official pledges that the company, in acquiring the developer of Minecraft, will “nurture and grow” the enormously popular video game.
The U.S.-based technology giant may be seeking to purchase the company that created the wildly popular game Minecraft, which has become a hit among children, adults, and some teachers who weave it into instruction.
Pluralsight, a major provider of online training videos for developers, IT professionals, and creative technologists, raised $135 million in Series B funding.
Desire2Learn, a Canadian-based LMS provider, raised $85 million in Series B funding, bringing its total external investment to $165 million.