In a pair of deals affecting some of the biggest players in the K-12 marketplace, Illuminate Education was acquired by Renaissance, and Frontline Education was bought by Roper Technologies for $3.75 billion.
Discovery Education has acquired U.K.-based DoodleLearning, and WeVideo has scooped up a software company, PlayPosit.
In an expansion of its global reach, the nonprofit Digital Promise scooped up two assets from the Asia Society.
Outschool and Byju’s are among the education companies that have cut staff in a possible sign of a weakening of demand in the education market.
Prenda’s latest funding round was led by venture capital firm Seven Seven Six, which was founded by Reddit Co-founder, investor Alexis Ohanian.
New York-based private equity firm, Stonepeak, is investing more than $1 billion in an international private school provider, while Linewize is making its fourth acquisition this year.
More than 30 ed-tech companies worldwide have valuations of a $1 billion or more, with the largest number located in the U.S.
Virtual science platform Labster has raised $47 million, funding that it says will support the company’s international growth.
A Tutoring Unicorn Has Plans for Global Expansion — Including the U.S. Market
The European Ed-Tech Provider GoStudent Is Already Working in Canada, Latin America, and Other Regions
The chief growth officer for fast-growing GoStudent breaks down the company’s place in the global market. It has already established footholds in Europe and Latin America.
Handshake will expand its reach and launch a new scholarship program, and GoStudent snaps up two more companies.
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