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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

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Founded in 2011, the New York-based company has built a hugely popular training platform that has helped millions of students learn to code over the last decade. Codecademy has been on our radar for a long time, as one of the early, long-standing leaders in online learning,” said Amit Patel, Owl Ventures’ managing director. “We

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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

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billion—which is a good moment to reflect on how mobile learning has entered classrooms and how the company has expanded from just an app. In 2011, Pittsburgh-based Duolingo was founded by Luis von Ahn and Severin Hacker. And it turns out that online language learning is the fastest-growing market segment within the edtech industry.

EdTech 165
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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

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Byju’s claims its online learning app, which offers instructional videos, live classes and practice questions, is now used by more than 57 million students. Founded in 2011, the company is named after its founder Byju Ravvendran, who previously worked as a private tutor. Perhaps more, the company says it is profitable, with over 3.5

EdTech 128
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Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

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From 2011 to 2014, U.S. Goldman, vice president of textbooks and e-books at Chegg, a student services provider that notably sold its print textbook inventory to Ingram in 2015, adoption of digital materials among students has been slower than he predicted. “But now I can report that these tools have been adopted in thousands of U.S.

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EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

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While not quite the “Year of the MOOC,” 2018 saw a resurgence in interest around the ways these massive open online courses are delivering free (and more often these days, not free) online education around the world, and how these providers are increasingly turning to traditional institutions of learning. Cheating on Chegg?

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

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Frontline Education, controlled by Insight Venture Partners, has snapped up another 10—most recently, professional-learning provider School Improvement Network. These new firms coming in big checks are going to learn that lesson,” Palmer says. PowerSchool, owned by Vista Equity Partners, has acquired eight companies since June 2015.

EdTech 97
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More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

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This week, Varsity Tutors raised $50 million in a Series C round led by Learn Capital, an education-focused venture firm. In 2011, he returned to Varsity Tutors on a full-time basis. In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. This latest cash infusion matches the St.

Company 71