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More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

Edsurge

In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. Louis-based company’s $50 million Series B round, which closed in November 2015. Already boasting 4,000 tutors covering 1,000 subjects, the company is on the hunt for more teachers.

Company 66
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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.

EdTech 82
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Edtech Industry Magnate Michael Moe Makes a Pivot

Edsurge

In the global marketplace and growth economy, your education and your knowledge makes the difference, not only for an individual but for a company and, for that matter, a country. DeVry University was another very successful company, delivering important skills for the untypical college student, as was Education Management Corp.

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Hack Education Weekly News

Hack Education

Not really ed-tech-related, except for all those companies saying they’re “Uber for education.” The Chan Zuckerberg Initiative ’s CTO, Brian Pinkerton , is leaving the company. ” The Chronicle of Higher Education on Elsevier “becoming a data company.” The company has $8.3

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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.

Pearson 145