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Chegg to Buy Coding Bootcamp Thinkful for $80 Million

Edsurge

Chegg , a Santa Clara, Calif.-based based publicly traded student services company, plans to buy Thinkful , a Brooklyn-based online coding bootcamp. Both companies’ boards of directors have approved the deal. Both companies’ boards of directors have approved the deal. Chegg had been holding onto $1.1

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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

edtech companies last year, the dollars returned with a fury during the first six months of 2017. Several private-equity-backed companies have invested heavily in the “platform” approach. PowerSchool, owned by Vista Equity Partners, has acquired eight companies since June 2015. The bull is back—or is it? Round Size.

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Blackboard Co-Founder: ‘4 Secrets to Building a Tech Company for Higher Ed’

Edsurge

As origin stories go, the founding of Blackboard twenty years ago lacked that single light bulb moment that tech companies like to tell. The winner of the LMS market would be the company with the most widely adopted platform. In recent memory, we launched Blackboard in 1997 and took the company public seven years later in 2004.

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last. Sometimes they strike a deal.

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