Paper completed the acquisition of Readlee.

Paper, an educational technology company, completed the acquisition of Readlee, a digital education platform provider. Financial terms were not disclosed. "This acquisition reflects our commitment to providing the academic support that empowers students throughout every stage of their learning journey. Improving literacy proficiency is an essential component of our mission, and we believe research-backed technology and repeated practice are the keys to addressing the mounting literacy crisis," Philip Cutler, Paper Co-Founder and CEO.