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.
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.
In the latest K-12 dealmaking news, major assessment and analytics provider Renaissance has snapped up data company Schoolzilla, and the child care-focused company Winnie has raised $9 million.
EVERFI makes its first international acquisition, picking up a London-based business, and Nearpod takes lessons learned from K-12 and moves into post-secondary education.
Todd Brekhus, the chief product officer at Renaissance, has been on both sides of major acquisitions in the education field and reveals his top pieces of advice.
U.K.-based school staffing company Zen Educate and California science and coding company CodeCombat both raise funds. South African education company Snapplify eyes international expansion.
WhiteHat Jr. raised $10 million in funding, while Classcraft received a $7.5 million investment. Trilogy Mentors, a startup, raised funding in a pre-seed round. And Renaissance has added William H. Sadlier, Inc., as a strategic partner.