BYJU’s, a test-prep company based in India that is backed by Facebook CEO Mark Zuckerberg’s education organization, has acquired online tutoring brands TutorVista and Edurite from Pearson.
BrightBytes, San Francisco-based learning analytics organization, acquires Authentica Solutions and vows to provide an “end-to-end” solution for data-driven decisions by school leaders.
Wonderschool, a network of boutique early childhood programs, has raised a $2 million seed round of financing led by First Round Capital,
Children’s publisher Carson-Dellosa has acquired Rourke Educational Media, and ed-tech startup companies in Britain and Indonesia have raised funding.
Last week, a handful of ed-tech startups including digital framework developer Apptegy and BookNook, an instructional technology company. In addition, the State Educational Technology Directors Association (SETDA) announced its latest cohort.
Chinese online tutoring company Yuanfudao has raised $120 million, and Yogome, a digital education platform, closed a Series A round with an investment of $6.6 million from Spanish fund Seaya Ventures.
Genext Students, a tutoring platform, has raised $580,000; and Cerego, a company that tries to provide tech-based personalized learning, announced it will partner with Cengage on interoperability standards.
Pearson is preparing to sell off parts of TutorVista, while Gauge Capital has invested in eDynamic Learning, which publishes online career and elective courses for middle and high school.
In this week’s dealmaking news, education startup AltSchool has raised $40 million; also, tutoring and test prep platform Revolution Prep raised $4 million.
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.