Offering a twist on the learn-from-anywhere convenience of Internet classes, a new university is asking freshmen to take a large leap of faith.

Marlyand, US-based education startup Tales2Go bagged $750,000 in a seed funding round led by NewSchoolds Venture Fund and Maryland Venture Fund to improve students' listening fluency through a "Netflix-like" audiobook app.

Ontario, Canada-based academic research startup Sciencescape closed $2.5 million in a recent funding round to make the process of going through mountains of research sources easier.

Blackboard Inc, an enterprise technology company owned by private equity firm Providence Equity Partners, has bought MyEdu, a platform that helps students finish college and look for jobs.

Private equity firm CVC Capital Partners will invest over $200 million for a stake in Chinese education company EIC Group. CVC will buy the stake from rival investment firm Actis Capital.

Skillsoft Ltd., which provides electronic learning solutions to over 6,000 customers worldwide, is reportedly seeking a sale that would value it at $2 billion, including debt. Skillsoft is owned by private equity firms Berkshire Partners, Advent International Corp. and Bain Capital.

Former President of the United States Bill Clinton is the Honorary Chancellor of a controversial private equity-backed Laureate Education Inc, a for-profit company, Bloomberg reported.

The Rady Venture Fund, a part of pioneering model business school The Rady School of Management, was said to have helped over 60 small businesses in starting up in the San Diego area and launched over a hundred products while providing a hands-on experience for the management school's business students.

Private equity companies are buying the debt of the companies they own so they can become creditors and have a second shot at making money on their investments.

New York-based innovative learning company EdTech has landed $51 million in a funding round led by London venture firm Atomico to take personalized learning on a global scale.