Knewton

edsurge | March 31, 2020

Yuanfudao, a Beijing-based K-12 online courses and homework platform, has raised $1 billion in a new financing round, led by Tencent Holdings and Hillhouse Capital Group. Boyu Capital and IDG Capital also participated in the round. The company’s products include online tutoring, learning activities and exercises and a question bank. Subjects include math, English and programming, according to a translated version of Yuanfudao's website. The round brings Yuanfudao’s valuation to $...

Education Technology

Zovio | August 02, 2022

An education technology services company that partners with higher education institutions and employers, announced today that it has closed on an agreement to transition its online program management (OPM) business to the University of Arizona Global Campus (UAGC). Over the past six months, Zovio has taken steps to implement a process designed to unlock shareholder value by rightsizing the company, accelerating growth of subsidiaries and exploring strategic alternatives, which inc...

Online Education

edX | February 15, 2023

On February 14, 2023, edX, an online learning platform, announced its extension with Amazon Web Services AWS to launch its first Professional Certification program in Cloud Solutions Architecture on the edX platform. This program provides the knowledge and skills needed for a successful career in cloud architecture and prepares learners for the Associate exam of AWS Certified Solutions Architect. edX has been working with AWS since 2017, providing more than 30 AWS courses on its...

Corporate Education and Training

Cengage Group | February 01, 2022

Cengage Group, a global education technology company serving millions of learners, entered into an agreement to acquire Infosec, a leading cybersecurity education provider, for $190.8 million. With this acquisition, Cengage Group will expand into the cybersecurity professional training market and meaningfully increase the size of its rapidly growing Workforce Skills business. The transaction is expected to close in the first calendar quarter of 2022, subject to the satisfaction of customary clos...