Investments Decline As Education Technology Grows Up

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School may be out for summer, but the nation’s education-focused technology startups are still hitting the books, drumming up new business and new investments to capitalize on overwhelming demand for innovation from primary and secondary schools and colleges.

New government initiatives are underway nationally — where education spending is expected to top $1 trillion — and internationally, cheaper technologies are making their way into the classroom, and venture capital firms are backing new companies targeting the market at an unprecedented clip.

In all, it’s a good time to be a technology company selling into the land of learning.

With all of the newfound interest and spending on education technologies, startup companies and established vendors alike are making moves in the market.

Today, the test-prep giant Kaplan said it has acquired the Dev Bootcamp for an undisclosed amount, making it a formidable force in the growing market of software…

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