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DigiExam Announces $3.5 Million in Series A

DigiExam, the leading provider of digital tools to create and grade academic tests, today announced it raised $3.5 million in Series A. The round was led by a syndicate of tech entrepreneurs and investors from Europe and Asia including Joen Bonnier, of the Bonnier family, owner of the largest media group in Sweden. Read More »

McGraw-Hill Education Doubles Size of Digital R&D Headquarters in Boston

McGraw-Hill Education has doubled its footprint in its Boston R&D headquarters, adding another 20,000 square feet at 281 Summer Street, allowing the company's planned headcount to expand to over 200 employees. This is the second time McGraw-Hill Education has expanded its Boston presence since opening the office in the city's "Innovation District" in June 2014. Read More »

Book Retriever Classroom Library Management Platform Sold to Capsa Labs

Classroom Library Company announced today that they have sold the rights to the classroom library management tool, Book Retriever, to Capsa Labs, LLC (DBA Book Retriever / bookretriever.com), a technology company that has developed a new Book Retriever web-based application that replaces the previous mobile app. Read More »

Chegg Acquires Imagine Easy Solutions

Chegg, Inc., the Student Hub, today announced that it has acquired Imagine Easy Solutions ("Imagine Easy"), the provider of popular service EasyBib.com and other essential writing tools with capabilities such as citations, bibliography, writing structure and anti-plagiarism, used by more than 7 million unique users in March 2016. Read More »

Follett Launches Sales, Customer Service Realignment

Follett today announced it is realigning its domestic sales and customer service organizations to better support customers' needs and to ensure schools and districts have dedicated representatives with direct expertise in the products and services they use. Read More »

EDmarket Partners with SchoolBondFinder

The Education Market Association (EDmarket) is pleased to announce a new member benefit that will help educational product companies identify K-12 bond-funded improvement projects in the pipeline. With SchoolBondFinder, EDmarket members can position their companies as a knowledgeable resource for school district administrators at a time in the buying cycle that makes the most sense. Read More »

IMS Global Achieves Record Levels of Revenue and Member Growth

IMS Global Learning Consortium (IMS Global), the world leader in EdTech interoperability and impact, has released their 2015 Annual Report. In 2015 the IMS community, especially the Contributing Members, achieved extraordinary growth – the best in the organization’s 20-year history. Revenues jumped 21% while the number of member organizations grew 24%. Read More »

Nominations for the 2016 Tyton Growth50 Are Open

Tyton Partners, the leading provider of investment banking and strategy consulting services to the global knowledge sector, today announced it is accepting nominations for its second annual Tyton Growth50, a recognition of dynamic growth-stage companies across all markets in the education sector. In a space enamored with new, the Tyton Growth50 celebrates sustainability. Read More »

Follett Acquires Baker & Taylor

Follett Corporation has acquired Baker & Taylor, LLC, the leading distributor of books, video and music products to public libraries and institutions, and a major wholesaler to retailers worldwide. With combined sales of $3.6 billion, the two businesses will offer librarians, patrons, educators and students unprecedented access to the best curated physical and digital content wherever learning and reading take place in the community. Read More »

Education Industry Association Transfers Memberships to SIIA's ETIN

The Education Technology Industry Network (ETIN) of the Software & Information Industry Association (SIIA) announces it has expanded to include all member companies of the Education Industry Association (EIA), effective immediately. All current and recent EIA members are now members of ETIN. Terms of the agreement are not being disclosed. Read More »