DreamBox Learning, an adaptive learning company in K-8, raised a $10 million Series B led by Owl Ventures with participation from Tao Capital Partners. Tory Patterson, co-founder and managing partner of Owl Ventures joins the Board of Directors.
Founded in 2006, DreamBox Learning raised a total of $35.6 million. The company’s math curriculum is used by over 75k K-8 teachers, reaching nearly 1.5 million students.
Having a background in language coaching, I tend to keep a close eye on the latest global trends in language learning. After a period of little innovation in the space, there is definitely a new wave of language learning startups hitting the market.
Live video lessons, the hot trend from seven years ago that proved to be little more than a flash in the pan, certainly had a chilling effect for edtech entrepreneurs and investors in the language learning space.
McGraw-Hill Education announced a partnership with Cerego, a provider of memory management tools. Under the partnership the companies will work on adaptive language learning products for K-12 students.
Today Junction Education, a startup founded by former McGraw-Hill executive Vineet Madan, officially launched. Junction Education aims to provide instructors and students with an easy to use course platform which integrates different kinds of web content into web- and mobile based courses.
Junction Education has received investment from two former heads of McGraw-Hill Education, Robert J. Bahash and Peter C. Davis, who are also advisors to the startup along with former Pearson Education Global CMO Gary L. June.
Adaptive learning platform Knewton announced a partnership with Elsevier, a provider of scientific, technical and medical information products and services.
Elsevier will implement Knewton’s API starting with courses for nursing and health professions students.