Just months after Knewton launched Alta, its own line of higher education courseware with adaptive learning built in, the education technology company has closed a new round of financing that will enable it to scale its products. TriplePoint Capital led the funding, with $20 million, and Knewton's existing investors added an additional $5 million.
https://campustechnology.com/articles/2018/08/30/armed-with-25-million-knewton-to-expand-adaptive-oer-product-line.aspx?admgarea=news