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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. EverFi $190 million $251 million Hero K12 $150 million $150 million Grammarly $110 million $110 million Coursera $64 million $210 million AltSchool $40 million $173 million MasterClass $35 million $56.4 The bull is back—or is it?

EdTech 97
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It’s the Dawning of a New Day in the Job Market. Here’s What That Means for Higher Ed

Edsurge

Early reports indicate that many blue-chip companies have begun to freeze or rescind hiring offers to graduating students. Consistent with past recessions, many companies are being forced to cut or freeze benefits such as 401(k) contributions. In addition, internships are being canceled.

Coursera 118
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Yale Announces ‘Blended’ Online Master’s Degree

Wired Campus

In 2007 it became one of the first elite institutions to post lecture videos online at no charge. In 2013 it joined with Coursera and started building MOOCs. Institutions typically sign contracts with companies like 2U when they want to create new online programs as fast as possible without spending a lot of cash upfront.

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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.” ” Online Education and the Once and Future “MOOC” Via Edsurge : “ Andrew Ng , Co-Founder of Coursera , Returns to MOOC Teaching With New AI Course.” The company has $8.3 million total.

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Education Technology and the 'New Economy'

Hack Education

The work is also supported by companies including Apple, Google and Expedia, as well as education organizations including the CollegeBoard, Teach For America and STEMx.” Others have argued the recent rash of layoffs at tech companies belies concerns there’s a worker shortage in that sector.

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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