Knewton Secures $52,000,000 New Financing

  • Feed Type
  • Date
    2/17/2016
  • Company Name
    Knewton
  • Mailing Address
    100 5th Avenue New York, NY 10011 USA
  • Company Description
    Knewton has developed the industry’s most powerful adaptive learning engine, customizing educational content to meet the needs of each student.
  • Website
    http://www.knewton.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $52,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use to accelerate the rollout of personalized learning solutions for students in partnership with the world’s leading publishers and education companies.
  • M&A Terms
  • Venture Investor
    Tal Education Group
  • Venture Investor
    Accel Partners
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    FirstMark Capital
  • Venture Investor
    EDB Investments
  • Venture Investor
    Founders Fund

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