Business Headlines RSS Feed

Quick Key Mobile Closes $200,000 in Convertible Debt Financing

Quick Key Mobile, the mobile education upstart, has added a strategic corporate investor to its list of owners, and closed on $200,000 in new convertible debt. The Educator's Network, a company providing online education resources for K-12 teachers, invested $150,000 in the company's convertible debt last week. Read More »

D2L Raises $85 Million in Strategic Financing

D2L Inc., has closed an $85 million Series B financing round led by a large institutional asset manager with participation from Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group, Aurion Capital and existing investors New Enterprise Associates and OMERS Ventures. Silicon Valley Bank also provided debt financing in this round. The investment brings the company’s total funds raised to $165 million. Read More »

HMH Announces Second Quarter 2014 Results

Global education leader Houghton Mifflin Harcourt Company today announced its financial results for the second quarter ended June 30, 2014. Net sales in the second quarter 2014 increased 11% from 2013 to $402 million. Gross sales or billings increased 31% for the second quarter of 2014 compared with the same period in 2013. Deferred revenue grew $114 million from March 31, 2014 to June 30 2014, primarily from increased digital content sales. Read More »

Qualcomm Acquires EmpoweredU

Qualcomm Incorporated announced that its subsidiary, Qualcomm Technologies, Inc., has taken a further step towards the vision of demonstrating how technology innovations can help address some of the challenges the education sector faces, by completing the acquisition of EmpoweredU, a pioneer in the development of an intuitive, mobile-centric cloud-based learning environment that is both device and operating system agnostic. Read More »

Blackboard Acquires CardSmith

Read More »

Berkery Noyes Represents M.E. Sharpe Inc. in Its Sale to the Taylor & Francis Group

Berkery Noyes announced today that it introduced M.E. Sharpes' principal shareholders to the Taylor & Francis Group and represented the Sharpes' in the sale of their higher education academic books and journals company to Taylor & Francis, which is owned by Informa plc. Read More »

Frontline Technologies Acquires Aspex Solutions

Frontline Technologies, a leading provider of web-based tools for the K-12 education market, today announced that it acquired Aspex Solutions, the provider of the popular AppliTrack talent management suite. Read More »

Kaplan EdTech Accelerator, Powered by Techstars, Announces 2014 Class of Education Technology Startups

Kaplan, Inc. and Techstars, the global startup accelerator, announced today the 12 education-technology startups selected to participate in the Kaplan EdTech Accelerator, powered by Techstars, their three-month immersive mentorship and business development program beginning today in New York City. Read More »

Pearson Announces Edtech Partnership with Chicago Incubator 1871

Pearson announced a strategic partnership with 1871, Chicago’s entrepreneurial hub for digital startups. 1871 is the largest startup hub in the U.S. with more than 250 member companies at the present time. Pearson has long-standing relationships with many K-12 and higher education institutions in the area and this partnership will enable the company to further collaborate with local education technology startups. Read More »

Cricket Media Signs Global Content Agreement with HMH

Read More »