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Essential reading for education companies worldwide
Essential reading for education companies worldwide
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Category: Ed Tech and Educational Services

News

US: Anthology and Blackboard to merge

Boca Raton, Florida-based Anthology, which provides learning management software and communication tools, and Blackboard, a ...
News

Hong Kong: Preface completes Series A funding

Preface, a Hong Kong-based ed tech coding company has completed Series A funding from investor ...
News

Pearson sues Chegg for alleged copyright infringement

London-headquartered publishing and education company Pearson is suing California-based online textbook retailer Chegg for allegedly ...
News

US: Byju’s acquires K12 creative coding platform Tynker

Bengaluru-based ed tech decacorn Byju’s is acquiring Tynker, a creative coding platform.
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US: TPG Pace Tech Opportunities’ stockholders approve merger with Nerdy

Stockholders of TPG Pace Tech Opportunities, a publicly traded special purpose acquisition company, have voted ...
News

UK: MyTutor raises £15m from FutureLearn and Coursera backer SEEK

UK-based online tutoring provider MyTutor has raised £15 million from SEEK Investments, the Australian backer ...
News

UK: Access Group reports revenue and earnings surge

The Access Group, a UK-headquartered provider of management software to education organisations and other business ...
News

Exclusive: Sale of school software provider approaches first round

The founders of a UK-based school software provider have instructed corporate financiers to find a ...
News

Exclusive: Buyout group examines exit options for £350m-plus testing provider

A private equity house has conducted a beauty parade of investment banks as it weighs ...
News

US: Top Hat acquires Morton Publishing Company

Toronto-based Top Hat, a teaching and learning platform for higher education, has acquired Morton Publishing ...
News

US: PowerSchool Holdings reports reduced losses

Cloud-based education software provider PowerSchool Holdings has reported a second quarter 2021 net loss of ...
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UK: Cambridge University Press & Assessment acquires CogBooks

Cambridge University Press & Assessment has acquired CogBooks, an online technology company which specialises in ...
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India: Byju’s raises more than £100m led by Asmaan Ventures

Bengaluru-based ed tech decacorn Byju’s has raised significant funding from three investors.
News

US: Pushfor Investments to acquire Education Revolution

Surrey, British Columbia-based Pushfor Investments has agreed to acquire Education Revolution, a US-based provider of ...
News

US: Francisco Partners acquires family-owned Follett School Solutions

Follett Corporation has sold Follett School Solutions, its K12 software and content division, to Francisco ...
News

US: Capstone acquires slideshow tool Buncee

Minnesota-based Capstone has acquired Buncee, a tool for educators, students and administrators to create slideshows.
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India: Byju’s purchases online exam preparation platform Gradeup

Bengaluru-based ed tech decacorn Byju’s has acquired Gradeup, an online exam preparation platform.
News

UK: Kineo sells off non-core Sitepass to INX Software

Brighton-based digital learning solutions company Kineo has sold its Sitepass business to INX Software.
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UK: TechnologyOne acquires higher education software provider Scientia

Queensland-based TechnologyOne, an enterprise software-as-a-service company, is acquiring Cambridge-headquartered Scientia, which offers timetabling and resource ...
News

Germany: Language-learning app Babbel to raise €180m through IPO

Berlin-based Babbel, a subscription-based language learning app and e-learning platform, is planning a public offering ...
News

US: More losses for Barnes & Noble Education

Barnes & Noble Education, the provider of educational products and services for higher education and ...
News

US: Wiley’s announces first-quarter profit down with revenue up

Global publishing company John Wiley & Sons has reported net income of $13.8 million for ...
News

UK: Student accommodation portfolio up for sale at £84m

Maven Capital, IP Investment Management and Glenmore Group are looking to divest The Trium portfolio ...
News

US: Panorama Education raises $60m in Series C led by General Atlantic

Boston-based K12 education software platform Panorama Education has raised $60 million in Series C funding ...
News

India’s Teachmint in talks to raise third round this year at $500m valuation – report

Bengaluru-based classroom teaching app provider Teachmint is talking to new and existing investors to raise ...
News

US: McGraw Hill to acquire online literacy programme Achieve3000

US-based educational publisher McGraw Hill is acquiring Achieve3000, an online literacy programme that provides nonfiction ...
News

US: Academic Partnerships acquires curriculum-mapping software firm

Dallas-headquartered Academic Partnerships, an online facilitator for affordable higher education, has acquired Coursetune, an ed ...
News

US: Yellowbrick Education acquires Animation Mentor and lands funding

New York-based online education platform Yellowbrick Education which offers training and certification programmes for careers ...
4 weeks
News

US: Writing curriculum firm NoRedInk raises $50m in Series B

Digital writing curriculum provider NoRedInk has raised $50 million in a Series B round led ...
News

Ireland: Cambridge Education Group acquires medical pathway provider Castel Education

Cambridge Education Group, a provider of foundation programmes and English language training for international students, ...
News

Exclusive: Investment bank hired to connect market-leading software provider with buyer

The private equity sponsors of the Netherlands’ largest nursery-management software provider have hired investment bankers ...
News

Brazil: Arco Platform reports increase in revenue

Arco Platform, an educational software company that offers technology, services and content from kindergarten to ...
News

US: Cengage reduces quarterly loss

Ed tech company Cengage has announced a net loss of $23 million for the first ...
News

US: Workplace-skills ed tech Forage raises $35m

San Francisco-based skills training start-up Forage has raised $25 million in a Series B funding ...
4 weeks
News

Sweden: Bridgepoint Growth invests in TicTac Interactive

Early-stage growth investment firm Bridgepoint Growth has invested in TicTac Interactive, a provider of corporate ...
News

Pearson fined $1m for misleading investors about data breach

London-based publishing and education company Pearson has paid $1 million to settle charges brought by ...
News

US: Instructure reports reduced losses on growing revenue

Instructure Holdings, the maker of the Canvas Learning Management System, has reported a second quarter ...
News

UK: ParentPay completes ESS acquisition backed by Montagu

ParentPay Group, which provides cashless payments and parental engagement services, has acquired Chelmsford-based Education Software ...
News

US: Class Technologies raises $105m in Series B funding

Class Technologies, which adds teaching and learning tools to virtual and hybrid classrooms on Zoom, ...
News

US: Kiddom raises $35m in Series C funding

San Francisco-based digital curriculum platform Kiddom has raised $35 million in a Series C round ...
News

US: HopSkipDrive raises $25m to expand and invest in electrification

Los Angeles-based HopSkipDrive, a vehicle for hire company focused on shuttling children to school, has ...
News

Byju’s looking to raise up to $1.5 bn and could IPO – report

Bengaluru-based ed tech decacorn Byju’s is in talks with several investors to raise $1-$1.5 billion, ...
News

India: Educational robotics firm Miko raises $28m

Mumbai-based educational robotics firm Miko has raised $28 million in a Series B round.
News

US: School bus manufacturer reports higher quarterly income

Blue Bird Corporation, the independent designer and manufacturer of school buses, announced net income of ...
News

US: Boxlight reports loss alongside big increase in revenue

Boxlight Corporation, which provides technology solutions to education companies, has reported a second-quarter 2021 net ...
News

US: Chegg reports bump in revenue

Online textbook retailer Chegg has reported net income of $32.8 million for the second quarter ...
News

India: UpGrad raises $185m

Bangalore-based higher education and upskilling course provider UpGrad has raises $185 million in a round ...
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India: Eruditus close to raising $450m

Mumbai-based education company Eruditus is close to raising more than $450 million from investors led by ...
News

US: Stride reports big jump in profit and revenue

Stride, an education company that sells online schooling and curricula for pre-K through to high ...
News

UK: Study Inn to develop £30m luxury student digs in Leicester

Study Inn Group, a luxury hotel-style student accommodation owner, developer, and operator, is converting Reynard ...
News

US: Nerdy reports losses as revenue grows

Repeating the pattern of the first quarter, Nerdy, a direct-to-consumer, curated gig economy platform for ...
News

US: Curriculum Associates acquires education software firm Ellevation

Curriculum Associates has acquired Ellevation, a Boston-based software company focused exclusively on English learners and ...
News

New Zealand: Crimson Education receives capital injection – report

New Zealand-headquartered online schooling provider Crimson Education has raised A$23.8 million (£12.6 million) in a ...
News

Tenzing exits Smoothwall in sale to Australian cyber-security firm

UK private equity house Tenzing has sold its stake in education safeguarding software provider Smoothwall ...
News

US: HackerU acquires cyber education company Cybint

Florida-based Cybersecurity trainer HackerU, which offers cybersecurity and digital skills programmes, is acquiring Cybint, a ...
News

India: Engineering ed tech Skill-Lync raises $17.5m

Chennai-based ed tech start-up Skill-Lync has raised $17.5 million in a Series A round led ...
News

US: Clearlake Capital Group to acquire Cornerstone OnDemand

Private equity firm Clearlake Capital Group is acquiring cloud-based learning and people development software company ...
2 months
News

US: Cornerstone OnDemand reports narrowing losses and increased revenue

Cornerstone OnDemand, a global cloud-based learning and people development software company, has announced a net ...
News

India: Byju’s acquires augmented reality start-up Whodat

Bengaluru-based ed tech decacorn Byju's has acquired augmented reality company Whodat.
News

US: Tiger Global Management pumps $200m into GoGuardian

Investment management firm Tiger Global Management has invested $200 million in Los Angeles-based ed tech ...
News

US: Big uptick in profit for Graham Holdings

Graham Holdings, the diversified conglomerate that owns education services company Kaplan, has announced net income ...
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US: Graduway acquires education admissions and marketing software firm PeerPal

London-based education software provider Graduway has acquired PeerPal, which offers admissions and marketing software enabling ...
News

Canada: PSG invests in STEM learning platform DigitalEd

Private equity firm PSG, which partners with middle-market software and technology-enabled services companies, has invested ...
News

US: Serent Capital invests in K12 engagement platform ParentSquare

Lower-middle market private equity firm Serent Capital has made a significant investment into Goleta, California-based ...
News

US: Coursera reports second-quarter loss on increased revenue

Massive open online course provider Coursera has reported a net loss of $46.4 million for ...
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US: Student accommodation REIT reports income dip

American Campus Communities, a publicly-traded real estate investment trust that invests in dormitory housing, has ...
News

India: Ed tech Unacademy raises $440m

Bengaluru-based learning platform Unacademy has raised $440 million in a funding round led by Singapore’s ...
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Brazil: Partnership to develop and operate student housing portfolio

Private education company Anima Holding has agreed with VBI Real Estate, an investment fund manager ...
News

Canada: ApplyBoard announces C$375m investment round

Canadian ed tech unicorn ApplyBoard has raised C$375 million (£215.3 million) in Series D funding ...
News

US: Vista- and Onex-backed PowerSchool goes public

Shares of cloud-based education software provider PowerSchool Holdings rose 2.8% after its listing on the ...
News

China’s education sector could be ‘un-investable’, says JP Morgan

JP Morgan, one of the world’s largest investment banks, has said that a regulatory crackdown ...
News

India: Byju’s snaps up test prep firm Toppr

Bengaluru-based ed tech decacorn Byju's has acquired Mumbai-headquartered Toppr, a schools-focused test preparation platform, for ...
News

US: Instructure announces IPO pricing

Salt Lake City-based ed tech company Instructure Holdings has announced the pricing of its initial ...
News

US: KKR to acquire early childhood firm Teaching Strategies

KKR is acquiring Teaching Strategies, a provider of curriculum, assessment and family engagement tools to ...
2 months
News

US: Sallie Mae reports $140m quarterly income

Sallie Mae, the saving, planning, and paying for college company, has announced second-quarter 2021 net ...
News

Chinese tutoring firms nosedive as Beijing tightens grip on for-profit sector

Several Chinese tutoring companies listed in the US have seen their share prices divebomb amid ...
News

Interview: Tutoring platform launches $100m fundraise ahead of global M&A drive

Cuemath, an India-based online maths-tutoring provider, will embark on an acquisition spree after it closes ...
News

US: Byju’s spends $500m on children’s reading app

Indian education giant Byju’s has acquired Epic, a digital reading platform for children aged 12 ...
News

Ready Education acquires Collabco and StuComm

Ready Education, a higher education student engagement platform in North America, has partnered with private ...
News

US: Vector Solutions announces $100m takeover

Vector Solutions, a provider of software for training, risk management, safety and prevention, has acquired ...
News

Exclusive: €50 million sale of European ed tech approaches finish line

A European private equity house is in exclusive talks to acquire French e-learning provider Woonoz ...
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UK: Weld North Education acquires digital science curriculum company Twig Education

Scottsdale, Arizona-based K12 digital curriculum company Weld North Education has acquired Twig Education, which provides ...
News

China: Jianzhi Education Technology Group files for $50m IPO

Jianzhi Education Technology Group, which provides an online learning platform and educational content in China, ...
News

Australia: Education fintech Study Loans secures $50m facility

Melbourne-based education fintech Study Loans has secured a $50 million facility from Australian credit fund ...
News

US: VR medical training start-up raises $14m

Palo Alto, California-based virtual reality platform Osso VR has raised $14 million in a funding ...
2 months
News

Competition watchdog approves tie-up of ESS and ParentPay

The Competition and Markets Authority has unconditionally approved Education Software Solutions’ merger with ParentPay.
News

Netherlands: Instructure to acquire ed tech optimisation firm EesySoft

Salt Lake City-based ed tech Instructure is acquiring EesySoft, a system which guides educators and ...
News

India: Teaching app raises $20m

Bengaluru-based Teachmint, which enables teachers to conduct online classes on a smartphone, has raised $20 ...
News

Indonesia: Ed tech start-up Gredu raises $4m in Series A

Gredu has raised $4 million in a Series A funding round, led by Intudo Ventures.
News

Modern Campus acquires engagement and learning platform Presence

Toronto-based learner engagement platform Modern Campus has acquired Presence, a campus engagement and learning platform ...
News

UK: Student recruitment platform Unibuddy raises £20m

London-based student recruitment platform Unibuddy has raised £20 million in a Series B funding round ...
News

Vietnam: English language learning start-up Educa raises $2m

English language learning start-up Educa has raised $2 million in a Series A funding round ...
3 months
News

India: UpGrad earmarks $250m for acquisitions

Mumbai-based online education provider UpGrad is allocating $250 million for acquisitions in the coming months ...
News

US: ExamSoft acquires proctoring and assessment technology from iSchoolConnect

Dallas-based assessment platform ExamSoft, part of the Turnitin group, has acquired proctoring and assessment technology ...
News

UK: Virtual reality training company Virti raises $10m in Series A funding

Bristol-based virtual reality company Virti, which uses technology to train workers remotely worldwide, has raised ...
3 months
News

South Korea: Ed tech Mathpresso raises $50m in Series C funding

Seoul-based ed tech start-up Mathpresso has raised $50 million in a Series C funding round ...
News

US: SchoolMint acquires education data firm Schoolrunner

Lafayette, Louisiana-based SchoolMint, which provides strategic enrolment management in K12 education, has acquired Schoolrunner, a ...
News

US: Edmentum to acquire digital curriculum provider Apex Learning

Ed tech company Edmentum, based in Bloomington, Minnesota, is acquiring Apex Learning, a Seattle-based digital ...
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UK: Hodder Education Group acquires Illuminate Publishing

London-based publishing house Hodder Education Group has acquired teaching and learning resource company Illuminate Publishing ...
News

Ireland: Team17 to acquire StoryToys edutainment firm

Video games developer Team17 is acquiring StoryToys, which offers educational entertainment apps for children, via ...

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