Edsurge

SEPTEMBER 4, 2019

Chegg , a Santa Clara, Calif.-based The acquisition will cost Chegg about $80 million in cash for Thinkful, with possible additional payments of up to $20 million in cash or stock based on performance, according to a statement Wednesday. Chegg had been holding onto $1.1 Both companies’ boards of directors have approved the deal.

Chegg 126

Chegg Company Course Data 126

Edsurge

FEBRUARY 23, 2021

The company last raised $30 million in a Series C round led by Naspers in 2016, and a $10 million Series B back in 2012. Codecademy hired its first chief financial officer last November: former Chegg executive and general manager Adam Goldman. Chegg went public in 2013.

Chegg 152

Chegg Company EdTech Education 152

Edsurge

APRIL 1, 2022

Chegg (NYSE: CHGG) is down 43.8 We wouldn’t be surprised if 2U or Chegg were taken private in the next year, since both companies have strong fundamentals and exceptional human capital. MOOCs topped the cycle in 2012. Skillsoft (NYSE: SKIL) is down 50.8 percent, the company went public via SPAC in June 2021 at $10/share.

EdTech 178

EdTech Chegg Udemy Company 178

Edsurge

DECEMBER 28, 2018

Cheating on Chegg? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help. Here’s a peek at four projects highlighted by Justin Hendrix, the executive director of the NYC Media Lab. How the Company Aims to Catch Tutoring Requests That Go Too Far.

MOOC 120

MOOC Coursera Chegg Pearson 120

Edsurge

JULY 24, 2017

2U 2008 2014 $665M (IPO) Archipelago Learning 2000 2012 $302M (acquired by PLATO Learning) Chegg 2005 2013 $830M (IPO) Connections Education 2001 2011 $400M (acquired by Pearson) HigherOne 2000 2012 $260M (acquired by Blackboard) Instructure 2008 2014 $487M (IPO) K12.com Six of the deals took at least 10 years to materialize.

EdTech 97

EdTech Chegg Kaplan Coursera 97

Edsurge

JULY 30, 2018

The firm traces its roots to 2012, when Jennifer Carolan and Wayee Chu (now both general partners at Reach), started a $12 million “Seed Fund” at NewSchools Venture Fund, an Oakland-based education nonprofit philanthropy. WriteLab (Chegg). -based firm has established itself as a familiar name within the education technology industry.

Blendspace 66

Blendspace Chegg Technology Education 66

Edsurge

AUGUST 23, 2016

I think you’re wrong, so I propose a bet: We’ll both invest in a basket of stocks on January 1, 2012—mine representing the edtech industry, and yours the whole economy. Back in 2012, there were seven companies that fell into this category. a share in May 2016, it was down 88 percent from January 2012. Cambium Learning Group.

EdTech 60

EdTech Pearson Chegg Company 60