Singapore's EDBI, TAL Education in $52m round for US-based Knewton
New York-based adaptive learning system developer Knewton has raised $52 million from a consortium of investors including EDBI - the corporate VC arm of Singapore's Economic Development Board - and Chinese education company TAL Education Group.
The round was led by Belgium's Sofina and London-based Atomico Venture, with participation by existing investors Accel Partners, Bessemer Venture Partners, FirstMark Capital, and Founders Fund. Knewton...
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