Dive Summary:

• The drive toward a personalized experience is fueling new ideas and attracting money in education, which — like news, music and retail before it — is ripe for a technology overhaul.
• The challenges to becoming a profitable and sustainable education business include wrestling with a varying and often political funding process, large bureaucracies and scattered purchasing power. 
• The recession and budget crunch of the last several years may have helped disrupt the market by rattling big players and providing opportunities for smaller tech startups to move into the classroom.

From the article:

... No one knows which product or model will ultimately strike it big. And in the meantime, investors keep pumping money into products that seem promising. “Everybody is waiting for the Facebook of education to come along." ...