KPN Ventures has strategically invested in Perlego and RangeForce, enhancing its portfolio in the online education and cybersecurity sectors.

Information on the Target

KPN Ventures has announced its investment in Perlego, the world's largest online educational content subscription service for students. With a mission to make education accessible to all, Perlego aggregates educational materials from numerous global publishers, offering an innovative 'all-you-can-read' subscription model.

Perlego provides students with unlimited access to over 1,000,000 curriculum-relevant textbooks and study tools that can be accessed anytime and anywhere on any device. This model not only caters directly to students but also partners with universities and higher education institutions, enhancing educational resources in a scalable manner.

Industry Overview in the Target’s Specific Country

The online education industry in the UK has been experiencing significant growth, driven by increasing demand for flexible learning options and the rising cost of traditio