Newsela Raises $100M to Challenge K-12 Textbook Publishers, Eyes Acquisitions
Business news is packed with unicorns, and Newsela is the latest in education to join the herd after reaching the vaunted billion-dollar valuation. That status comes courtesy of a $100 million investment led by Franklin Templeton and existing investor TCV. Owl Ventures, Tao Capital Partners, Chan Zuckerberg Initiative and Waycross Ventures also contributed. Newsela, founded … Read more