The online literacy provider Newsela has raised $100 million in new funding and achieved unicorn status, and has set its sights on “replacing the textbook,” its CEO says.
Renaissance has acquired Nearpod, in a merging of companies that bring a focus on classroom assessment and interactive features designed to boost student engagement.
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Firms Eye Products For Families, and Those That Can Be Delivered in Multiple Environments
Investors are putting a premium on companies that have the products and expertise to span distance learning and a return to in-person lessons.
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EdWeek Market Brief Asked K-12 Officials on the Communication and Outreach They Expect
EdWeek Market Brief surveyed district leaders on what outreach they expect from the education companies serving their K-12 systems, after a merger or acquisition.
EmpowerU on Tuesday announced a $1 million seed funding round, led by Twin Cities venture firm Capita3, to launch a social-emotional learning product.
Instructure, maker of the popular Canvas LMS, has acquired Certica Solutions, a major assessment provider based in Wakefield, Mass.
As it looks to drive innovation, Roblox will retain 28-year-old Imbellus CEO Rebecca Kantar, who last year was named one of Forbes’ 30 rising entrepreneurs in education under 30.
Frontline Education, a provider of K-12 administrative software, has acquired SuccessEd, which tracks compliance and services offered to students in special education.
The publicly traded company will change its name next month to better reflect its “continued growth” outside of K-12, after acquiring two career-based learning platforms.
Recent weeks saw acquisitions involving AI platforms, math platform providers, and assessment companies.