August 21, 2020: Volume 27, Number 16

K12 Inc. Revenue Up in Fiscal 2020; Enrollment Grows

K12 Inc. (Herndon, VA) results for fiscal 2020 exceeded guidance for revenue and adjusted operating income as revenue for fiscal 2020, ended June 30, was $1.04 billion, up 4.9% from ...

K12 Inc. Students Can Explore Contact Tracing

K12 Inc.’s Destination Career Academy, which prepares students for careers in high-demand fields, sees a current opportunity to connect Destinations graduates with potential jobs as ...

Rosetta Stone Raises Guidance after Q2

Rosetta Stone second-quarter revenue was $49.2 million, up 7.1% from the second quarter 2019 and driven by an 18% increase in revenue for the company’s Lexia Literacy segment to ...

IXL Learning Adds 3P Learning

IXL Learning (San Mateo, CA) in August agreed to acquire 3P Learning (North Sydney, Australia) with the goal of broadening its product portfolio of personalized learning experiences ...

More Platforms for Learning Expand

Evolution Academy Charter School System (Dallas) in August was approved to enroll students into its online program from across the state of Texas. Founded in 2002, Evolution Academy ...

SciLearn K-12 Sales Improved as Q2 Progressed

Scientific Learning (Oakland, CA) second-quarter revenue of $3.3 million was down 16.9% from second quarter 2019, while first half revenue declined 12.1% from the first half of 2019 to ...

Minecraft Ed Available for Chromebooks

As schools prepare for a new school year and a transition to remote, hybrid, and in-person learning models, Minecraft Education (Redmond, WA) in August made the Minecraft: Education ...

Privacy Issues Increase with School Changes

Issues around cybersecurity and student data privacy that have percolated for some time in education are accelerating with the wide shift to virtual learning. The Future of Privacy ...

Screencastify Adds Submit to Video Tools

Screencastify (Chicago), provider of video-creation tools, in August launched Submit to help teachers create and share assignments and view videos that students can make without any ...

Financial Briefs, Aug. 21, 2020

Klassroom (Paris, France) in July raised a $3 million seed round led by the investment bank Bpifrance and angel investors including Andy Myers, president at Waterford (Salt Lake City). ...

News Briefs, Aug. 21, 2020

Square Panda (Sunnyvale, CA), which offers a PreK-1 multisensory literacy platform, is giving schools five free Home Edition Playsets for every School Edition Playset they purchase ...

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