April 12, 2019 | Volume 50, Number 8

MHE Revenue Declines 7.1% in 2018

McGraw-Hill Education (New York) generated $382.2 million in revenue in the fourth quarter of 2018, down 3.9%, and revenue of $1.6 million in the full year, down 7.1% from the same ...

Certica Partners with Learnosity

Certica Solutions (Wakefield, MA), a provider of platform-as-a-service for the integration and access of data, in April formed a partnership with assessment tools provider Learnosity ...

Milken-Penn, MassChallenge Israel Pick Ed Startup Semifinalists

The first hurdle of the Milken-Penn GSE Education Business Plan Competition is under way with the announcement this month of the 20 semifinalists in this year’s competition. At the ...

Bridgepoint Transitions to Zovio

While operators in the for-profit career college industry are adapting to several changing market and policy conditions, Bridgepoint Education (San Diego) is working through a complete ...

Chegg Closes $700M Note Offering

Student services hub provider Chegg (Santa Clara, CA) in March closed its offering of convertible senior notes due in March 2025 for gross proceeds of $700 million. The notes were ...

Changing Testing Demand in States

States and school districts in recent years have been looking for new approaches to testing, particularly changes that reflect more of their goals for student learning. States, ...

Financial Briefs, April 12, 2019

Make School (San Francisco) in April received $15 million in Series B funding led by venture capital firm Venrock. Make School, founded in 2014, offers an accredited bachelor's degree ...

People Briefs, April 12, 2019

Executive search firm BSG (Boston) in April began spinning out part of its education practice under the leadership of Todd Hand, who has headed up the practice since 2016. Hand will ...

Partnerships & Acquisitions, April 12, 2019

The non-profit Credential Engine (Washington, D.C.) in March launched its Credential Transparency Partner Program, including education data organizations BrightHive Inc. (Chicago), ...

News Briefs, April 12, 2019

The eCampus.com (Lexington, KY) ALL Access was selected in April as the University of the Ozarks’ (Clarksville, AR) new course materials solution, beginning in fall 2019. After ...

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