learnsprout | Pixr8 News

Recent Global News Highlights Report: TutorGroup, a Shanghai-based online language learning provider, raised nearly $200M in Series C round, led by Singaporean sovereign fund, GIC and Goldman Sachs bringing its valuation to over $1B Varsity Tutors, an online platform connecting students with tutors for in-person and online sessions, raised $50M in Series B round led by Technology Crossover Ventures. Instructure, a cloud-based learning management system provider, went public on 13 Dec, 2015. Apple acquired Education Startup LearnSprout Is EdTech today an increasingly attractive business for venture funding? According to Tracxn global EdTech report (Mar 2016), over $9.9B has been invested in the sector in the last 10 years with more than one third of the amount invested ...

Apple Inc announced that it has acquired an education technology startup called LearnSprout in a drive to expand it's initiative to make the iPad the future of education. LearnSprout, and their CEO Franklin Chien have been working diligently on creating a new type of educational software, which is already used in 2,500 school districts within the United States. The acquisition is possibly an important one for Apple Inc. (NASDAQ:AAPL), as they have already been pushing education tools for the iPad into school districts around the nation. As for the price that Apple paid, or just what their plans may be to integrate LearnSprout into their current educational framework, the company refused to say. “Apple buys smaller technology companies from time to time, and we generally do not discus...

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Problem & Solution of India’s Next Unicorn

Apple Acquired Education Technology Startup LearnSprout