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littleBits Announces Distribution Agreement with CDW-G

littleBits, the hardware startup that empowers 21st-Century teaching and learning with its platform of easy-to-use electronic building blocks, is expanding its education business through a distribution agreement with CDW-G, a leading provider of technology solutions to education, government and healthcare. Read More »

JourneyEd. Is Awarded TCPN Contract for Software and Technology Solutions

JourneyEd.com, Inc. has announced today they will now provide software and technology products for The Cooperative Purchasing Network (TCPN) contract, allowing state and government entities including K-12, public and private schools, and colleges and universities to purchase products at significant discounts below retail prices. Read More »

Kaplan International Acquires MPW

Kaplan International has agreed to acquire Mander Portman Woodward, one of the UK’s most prestigious and well-respected independent Sixth Form College groups, and a portfolio company of Levine Leichtman Capital Partners. Terms of the transaction were not disclosed. The deal is expected to close in early January. Read More »

SIIA Awards Pioneers in Education Technology in Innovation Incubator Program

The Education Technology Industry Network (ETIN) of SIIA recognizes the top innovative products in the education technology market as winners of the Innovation Incubator program. Winning products were presented at the Education Business Forum, the leading business and finance conference for the K-12 and postsecondary education technology market, held Dec. 8-9 in New York City. Read More »

Catalyst Investors Leads $25 Million Series C Investment in PresenceLearning;

Growth equity firm Catalyst Investors led the recent $25 million Series C investment in PresenceLearning, Inc., the leading provider of live online speech therapy, occupational therapy, and behavior and mental health services for K-12 students. Existing investors Birchmere Ventures, Blue Heron Capital, Catamount Ventures, and New Markets Venture Partners also participated in the round. Read More »

Knewton Raising Another Round to Fuel Global Growth

Knewton, the global leader in adaptive learning, is raising another round of funding — $42 million closed to date. Sofina, a Belgian investment group, is leading this round, with participation from returning investors Atomico, Accel Partners, Bessemer Venture Partners, FirstMark, and Founders Fund. Read More »

Lingo Jingo Awarded ELL Grant from U.S. DOE

Lingo Jingo has been awarded a grant from the U.S. Department of Education (DOE). The Small Business Innovation Research funding from the Institute of Education Sciences and the DOE allows Lingo Jingo to offer a limited number of schools the opportunity to sign up for highly-supported pilot programs. Read More »

HMH Announces Q3 Results

Houghton Mifflin Harcourt announced its financial results for the third quarter ended September 30, 2015. HMH captured approximately 40% market share in its addressable domestic education market for K-12 instructional materials, including 45% of the new adoption market for the first nine months of the year. Net sales increased 4% to $576 million compared with $551 million in the third quarter of 2014. Read More »

Rosetta Stone Inc. Reports Q3 Results

Rosetta Stone Inc. announced financial results for the third quarter 2015. Net loss for the third quarter 2015 totaled $7.3 million, or $(0.34) per diluted share, versus a loss of $16.2 million, or $(0.76) per diluted share, in the year-ago period. Adjusted EBITDA, a non-GAAP financial metric, improved from $(9.1) million in the third quarter of 2014 to $(1.6) million in the third quarter of 2015. Read More »

GSV Capital Corp. Reports Q3 Results

GSV Capital Corp. announced financial results for the third quarter ended September 30, 2015. Net assets totaled $312.5 million, or $16.17 per share, at September 30, 2015, as compared to $15.72 per share at June 30, 2015 and $15.17 per share at September 30, 2014. On November 4, 2015, GSV Capital's Board of Directors declared a distribution in the amount of $2.76 per share.... Read More »