Follett Corporation, a global leader in education and entertainment content distribution, today announced it has acquired Valore Inc. and the ValoreBooks marketplace solution for students and bookstores to buy, sell and rent college textbooks online. Combining the convenience of the ValoreBooks marketplace with the scope and capabilities of Follett will provide campus stores and students greater access to more affordable course material options. Terms of the transaction were not released.
Fantasy sports technology companies DraftKings and FanDuel today announced they have entered into a merger agreement. The transaction is expected to close in 2017. Financial terms were not disclosed.
Sandbox Partners announced today the acquisition of “edutainment” network FEN (Family Education Network) from Pearson, the world’s leading learning company. FEN has one of the largest integrated digital audiences of children, parents and teachers totalling 25 million visits per month.
As reported by BostInno, Fasten in Boston has raised $10M in funding led by Almaz Capital and UFG Capital. Fasten is a ridesharing company with operations in two markets, Boston and Austin... READ MORE
Per Christian Allen's (GetHuman's CEO) blog post on Medium:
Nutshell: $3m in investment from Founder Collective and NextView Ventures helps us help more distressed customers.
CollegeVine, the fast-growing EdTech startup specializing in high school mentoring for college applications, has closed a $3.1 million Series A funding round led by Morningside Technology Ventures ("Morningside") with participation by New York-based University Ventures.
Morningside is a private equity and venture capital firm. Gerald Chan, its co-founder, has joined CollegeVine's Board of Directors. University Ventures is a specialty venture capital fund that exclusively focuses on promising ideas in the higher education space.
As reported by BostInno, HigherMe has raised $1.5M in a seed found of funding. Investors include Barbara Corcoran Venture Partners, Gautam Gupta (founder of Naturebox), Tucker Max, and Ryan Holmes (founder & CEO of Hootsuite).
EverQuote, Inc., the leading insurance marketplace, today announced that it closed a $23 million dollar Series B investment led by Maryland-based Savano Capital Partners, with participation from Stratim Capital, Oceanic Partners and T Capital Partners. EverQuote will use the funding to further accelerate growth by increasing its investment in sales and product development. It will also afford the company greater flexibility to continue development of its personal risk marketplace.
Ovuline, the leading women's healthcare technology company behind the Ovia Fertility, Pregnancy, and Parenting apps, announced today it has raised $10 million in new funding and will rebrand as "Ovia Health."