Tony Wan

To Spark and Scale Innovation Across School Districts, ‘Every Day Is Day One’

Running a lemonade stand may be the most entrepreneurial project that many students get to experience. But increasingly, schools leaders want to take the spirit of these old-fashioned projects and create more—and more meaningful—opportunities for students and teachers alike to think creatively and build skills that will prepare them for future careers.

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New Markets Venture Partner’s Not-So-New Edtech Fund Finally Closes at $68 Million

When New Markets Venture Partners first began fundraising for its second education technology investment fund, Barack Obama was in office, Brexit for up for debate and iPhones still had headphone jacks.Now, more than two years later, New Markets is finally calling it a wrap. Its latest fund, dubbed “New Markets Education Partners II,” formally and finally closed on April 30, totalling $68 million.

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In Move to ‘Unlimited’ Pricing Model, Cengage Hopes for a Comeback

It’s been about five years since Cengage Learning filed for bankruptcy, stumbling under the weight of shrinking print sales, a rough transition to digital and too much debt. The company reemerged a year later intent on growing its digital offerings and making more strategic acquisitions and partnerships.

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What’s Next for Pearson? (Not Buying Your Education Startup.)

It’s hard not to pick on Goliath when things unravel. For Pearson, the world’s largest education company, some of its recent tumult in past years have been self-imposed, even deliberate, under the helm of John Fallon. Since taking the reins as CEO in 2013, he has aggressively shed assets considered tangential to the publisher’s digital transformation strategy.

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General Assembly to Be Acquired By Swiss HR Firm for $412.5 Million

General Assembly, the New York-based provider of coding bootcamps and short-term career-focused educational programs, has reached an agreement to be acquired by the Adecco Group for $412.5 million.Based in Zurich, Switzerland, the Adecco Group is a conglomerate that houses eight brands that provide staffing, recruitment, freelancing and other talent management and human resource services.

ABCmouse Creator, Age of Learning Taps Tencent to Lead Its Expansion in China

The mouse that guides children through ABCmouse, an educational app, is getting help from China’s most recognizable penguin to break into one of the world’s biggest market for English language learning.

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Padlet’s Price Update Riles Teachers, Raises Questions About Sustainability of Freemium Models

Over the years, many educators took to Padlet, a free digital bulletin board where teachers and students could post messages, images, videos and links to online resources. But the San Francisco-based company’s sudden switch to a new pricing plan has upset teachers who had become used to a generous, mostly free product.

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Utah’s Edtech Unicorn, Pluralsight Files for Initial Public Offering

The long-awaited filing finally happened. This morning, Pluralsight announced it had confidentially submitted paperwork for an initial public offering.

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Global Investors Launch New Edtech Funds: Exceed Capital and HighGrade Ventures

The global education technology industry is no stranger to dedicated investment funds, and now there are a couple more names to add to the list.Last week, Yogome, a Mexico-based provider of educational content and games, raised $26.9 million in a Series B round. The dollar amount raised eyebrows, to be sure, but so did the lead investor: Exceed Capital.

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MyON Turns Another New Page With a New Owner: Renaissance Learning

Just a year after it was purchased by a private equity firm, myON is swapping hands again.The latest owner of the digital K-12 literacy platform is Renaissance Learning, a provider of math, literacy and assessment products. Financial terms of the acquisition were not disclosed.

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