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

Edsurge

The company last raised $30 million in a Series C round led by Naspers in 2016, and a $10 million Series B back in 2012. Codecademy hired its first chief financial officer last November: former Chegg executive and general manager Adam Goldman. Chegg went public in 2013.

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

Edsurge

Cheating on Chegg? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help. In 2016, the company reported its largest loss in its history, down $3.3 How the Company Aims to Catch Tutoring Requests That Go Too Far. What’s Next for Pearson?

MOOC 115
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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

Edsurge

I think you’re wrong, so I propose a bet: We’ll both invest in a basket of stocks on January 1, 2012—mine representing the edtech industry, and yours the whole economy. Back in 2012, there were seven companies that fell into this category. By the middle of 2016, our edtech basket contained 11 different companies. Instructure.

EdTech 60
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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). According to our tally, there were 58 U.S. deals that totalled more than $887 million through June of this year. This means that halfway through 2017, the funding for U.S. Six of the deals took at least 10 years to materialize.

EdTech 82
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That’s a Rap! Nearpod Buys Educational Hip Hop Creator, Flocabulary

Edsurge

Founded in 2012, Nearpod started as an “interactive lecture” platform for iPads that has since evolved to support all devices. Its biggest institutional shareholder is Insight Venture Partners, a private equity firm whose education portfolio also includes Chegg, Instructure and Pluralsight—three companies that have gone public.

Chegg 124
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Where in the World Is Planet3? An Educational Gaming CEO Seeks His Second Act

Edsurge

He had the money, at least $13 million raised by July 2016. Esther Wojcicki, the esteemed journalism teacher at Palo Alto High School, joined in 2016 as the company’s chief learning officer. In the agreement with Clark County School District, nine middle schools agreed to the Planet3 pilot program from August 2016 to May 2017.

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

You can read the series here: 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2019. The startup was later sold to Valore Education in 2015 , which was in turn acquired by Follett in 2016 , which in turn shut down the Boundless site in 2017. Textbook Publishers vs. Boundless. 3D Printing. I know, I know.

Pearson 145