iParadigms: Plagiarism detection software maker IParadigms sold for $752 million

IParadigms, the Oakland-based online plagiarism-prevention and grading-tools service, has agreed to be acquired for a healthy $752 million by Insight Venture Partners and Singapore's sovereign wealth fund. Insight Venture Partners is a New York City-based investor focused on technology and the wealth fund is called GIC. Started in 2000 out of research done by UC Berkeley graduate students, IParadigms is known largely for its Turnitin plagiarism detection software. It is used by more than 24 million…