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Recruitment automation platform Kula raises $12 million in seed round to expand its R&D team

Kula, an employment automation startup, has announced that it has raised $12 million in a seed round jointly led by Sequoia Capital India and Square Peg Capital. Existing investors Venture Highway and Together Fund and several prominent angels also participated in the round. According to the company, the fresh funding will be … Read more

69% of employees plan to devote more time to training: Simplilearn survey

Easy to learn, a leading online bootcamp offering digital skills training, published the results of its mid-year 2022 Student Development Survey. The report highlights employee career development trends over the past 12 months and expectations for the coming year. The survey was conducted to understand professionals’ career trajectories over the past year—the obstacles … Read more

Renaissance Acquires Whole Child MTSS Illuminate Education Management Platform

Renaissance, one of America’s largest providers of reading, math and assessment solutions for preschools and districts, has acquired Illuminate Education for an undisclosed amount. Although neither company issued an official press release or statement, the acquisition was announced on both companies’ websites and in an email sent to Illuminate customers on August 24. … Read more

Roper Technologies will receive front-line education from Thome Bravo

Thoma Bravo, a leading technology-focused private equity firm, announced that it has entered into a definitive agreement to sell Frontline Education, a leading provider of educational software, to Roper Technologies in an all-cash transaction valued at approximately $3.725 billion. The transaction is expected to close in the fourth quarter, subject to regulatory approvals … Read more

Toronto-based LumiQ is raising C$5 million to expand its CPA training podcast platform in the US

Toronto-based EdTech startup LumiQ has raised C$5 million in a funding round led by Firmex founder and former CEO Joel Lessem to build its podcast platform targeting the Certified Professional Accountant (CPA) in the US. Mark Jaine (former CEO of Intelex), Will Anderson (Chairman of Resolver), Paul Hill (former CEO of Carta Worldwide … Read more

Will technology affect white collar jobs?

The double trend of globalization and robotics – ‘Globotics“, will lead to unprecedented disruption that could displace workers at the fastest rate in global history. History teaches us that automation has reduced blue-collar jobs; will technology affect white collar jobs? Robots have begun to conquer our world and replace us in all … Read more

Brazil-based UOL EdTech launches its Studenta platform for Latin American students

UOL EdTech, the largest educational technology company, recently announced the expansion of its operations in Latin America with the internationalization of its vertical B2C company, Passei Direto, the largest Brazilian academic social network, with the launch of the brand Studenta, with an investment of R$ 30 million over the next two years . In … Read more

Discovery Education Acquires Minneapolis EdTech Firm Pivot Interactives

Discovery Education, a global education technology company backed by investment firm, Clearlake Capital Group, LP, recently announced the acquisition of Pivot Interactives, a Minneapolis-based developer of cloud-based activities and labs for K-12 science education. . The value of the transaction was not disclosed. The acquisition of Pivot Interactives supports Discovery Education’s mission … Read more

Seoul-based Naver Whale signs MOU with Vietnamese education platform Phenikaa

Naver Whale, a free web browser developed by South Korean technology company Naver Corporation, is entering the global market with its EdTech technologies. According to the company, they have signed an agreement to build Vietnam’s smart education environment using Whale Space and Whale Book with Phenikaa Group, the largest EdTech company in Vietnam. … Read more