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The company was founded in 2008 by Jose Ferreira, a former executive at Kaplan,...<a class="tradevibes_toggle_button discovery_interesting" onclick="tradevibes_toggle_description(event);">More&raquo;</a></p>\n\t\t<p class="tradevibes_long_description tradevibes_hidden">Knewton is an online learning company that offers preparation courses for standardized tests, such as the GMAT and LSAT. The company was founded in 2008 by Jose Ferreira, a former executive at Kaplan, Inc. Based in New York City, it has raised $2.5 million in investment capital from Accel Partners, Reid Hoffman, Ron Conway, and Josh Kopelman at First Round Capital. The company was a finalist in the 2008 Amazon Web Services Start-Up Challenge.<br/><br/>In April 2009 Knewton closed a $6 million Series B round of funding led by Bessemer Venture Partners with returning investors.<br/><br/>Knewton uses adaptive learning technology to identify each student\'s particular strengths and weaknesses. Concepts are tagged at very specific levels, testing students\' grasp of hundreds of skills measured by standardized tests. The company first launched with a GMAT preparation course.<br/><br/>Knewton plans to apply its online adaptive learning technology to the textbook industry.<a class="tradevibes_toggle_button discovery_interesting" onclick="tradevibes_toggle_description(event);">&laquo;Less</a></p>\n\t\t</div>\n\t</div>\n\t<div class="tradevibes_details">\n\t\t<table>\n\t\t\t<tr class="tradevibes_location">\n\t\t\t\t<td class="tradevibes_title">Location:</td>\n\t\t\t\t<td>\tNew York City, NY, United States\n</td>\n\t\t    </tr>\n\t\t    <tr class="tradevibes_funding">\n\t\t\t\t<td class="tradevibes_title">Latest Funding:</td>\n\t\t\t\t<td>Series B - $6M (2009)</td>\n\t\t    </tr>\n\t\t    <tr class="tradevibes_investors">\n\t\t\t\t<td class="tradevibes_title">Investors:</td>\n\t\t\t\t<td>\n\t\t\t\t\t<ul class="tradevibes_inner_list">\n\t\t\t\t\t\t<li>\n\t\t<a class="discovery_interesting" href="http://www.tradevibes.com/investor/profile/bessemer-venture-partners?src=widget">Bessemer Venture Partners</a>,</li>\n\t\t\t\t\t\t<li>\n\t\t<a class="discovery_interesting" href="http://www.tradevibes.com/investor/profile/accel-partners?src=widget">Accel Partners</a>,</li>\n\t\t\t\t\t\t<li>\n\t\t<a class="discovery_interesting" href="http://www.tradevibes.com/investor/profile/first-round-capital?src=widget">First Round Capital</a></li>\n\t\t\t\t\t</ul>\n\t\t\t\t</td>\n\t\t\t</tr>\n\t\t</table>\n\t</div>\n\n\t<div class="tradevibes_footer">\n\t  <a class="discovery_profile_link" href="http://www.tradevibes.com/company/profile/knewton?src=widget">Knewton Company Profile</a>\n\t  <p class="tradevibes_powered">\n\t\tPowered by <a href="http://www.tradevibes.com/?src=widget">TradeVibes</a><a class="tradevibes_icon" href="http://www.tradevibes.com/?src=widget"><img src="http://www.tradevibes.com/favicon.png" /></a>\n\t  </p>\n\t</div>\n</div>\n\n'
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