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Ed tech companies promise results, but their claims are often based on shoddy research

The Hechinger Report

Examples from The Hechinger Report’s collection of misleading research claims touted by ed tech companies. All three of these companies try to hook prospective users with claims on their websites about their products’ effectiveness. Some companies are trying to gain a foothold in a crowded market. Video: Sarah Butrymowicz.

Company 145
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Digital Courseware Provider Top Hat Gets $130M and a New CEO

Edsurge

Another balding founder of a tech company is passing the baton off to a successor. No, this is not the same shellshock as Jeff Bezos’ resignation letter, nor is the company anywhere as big as Amazon. His successor will be Joe Rohrlich, who previously served as chief revenue officer for Bazaarvoice, an e-commerce analytics company.

Pearson 141
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PowerSchool Completes Schoology Purchase in March Toward ‘Unified’ K-12 Data Ecosystem

Edsurge

Four years ago, when Hardeep Gulati took over as CEO of PowerSchool, the company numbered around 400 employees. The private equity firm purchased PowerSchool from Pearson for $350 million in 2015, and has since spent hundreds of millions more on acquisitions. Along with that comes new colleagues.

Schoology 148
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Why I'm Still Bullish About the State of Edtech

Edsurge

This year’s 1 3th edition will swamp San Diego’s waterfront for four days and feature 1,000 speakers, including Thomas Friedman and Margaret Atwood, plus the buzziest for-profit companies in our industry. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

EdTech 182
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PowerSchool to Acquire Schoology, Pairing Major K-12 LMS and SIS Providers

Edsurge

The publisher sold the PowerSchool to private equity firm Vista Equity Partners in June 2015. Since 2015, PowerSchool has acquired eight companies. Executives from both companies were unavailable when reached by EdSurge (but we will update the story with additional details and commentary when available).

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MasteryConnect Cuts 30 Percent of Staff, Brings Co-Founder Mick Hewitt Back as CEO

Edsurge

But when funding dries up and profits remain elusive, companies have to make tough cuts. Back in the driver’s seat is Mick Hewitt, who co-founded the company in 2009 and served as its first CEO. He adds: “As a venture-funded company, there’s been a decision to get to profitability in the next nine to 12 months.”

EdTech 114
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Top Hat Raises $55 Million to Take on Big Textbook Publishers

Edsurge

Mike Silagadze isn’t shy about his desire to take market share from the largest college textbook publishers through his classroom software company Top Hat. He believes his company’s brand of digital textbooks beats anything Pearson, McGraw-Hill and their ilk can provide. The company has raised $90 million to date.

Company 93