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.
Organizations focused on corporate social responsibility can provide a source of funding for districts that would not otherwise be able to pay for digital purchases, say a pair of Cognitive ToyBox officials.
Textbook and tutoring company Chegg is acquiring a leading language learning platform to expand its offerings into different languages. The company announced it will acquire Busuu, a UK company, for approximately $436 million in an all-cash transaction. Founded in 2008, Busuu offers courses in a dozen languages and serves more than 500,000 paying subscribers, according to the…
Imagine Learning, formerly known as Weld North Education, has acquired the Irish company Robotify, a digital curriculum startup focused on teaching coding through virtual robotics simulations