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Chegg to Buy Coding Bootcamp Thinkful for $80 Million

Edsurge

Chegg , a Santa Clara, Calif.-based The acquisition will cost Chegg about $80 million in cash for Thinkful, with possible additional payments of up to $20 million in cash or stock based on performance, according to a statement Wednesday. Chegg had been holding onto $1.1 Both companies’ boards of directors have approved the deal.

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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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Why I'm Still Bullish About the State of Edtech

Edsurge

Chegg (NYSE: CHGG) is down 43.8 We wouldn’t be surprised if 2U or Chegg were taken private in the next year, since both companies have strong fundamentals and exceptional human capital. MOOCs topped the cycle in 2012. Skillsoft (NYSE: SKIL) is down 50.8 percent, the company went public via SPAC in June 2021 at $10/share.

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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.

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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. Here’s a peek at four projects highlighted by Justin Hendrix, the executive director of the NYC Media Lab. How the Company Aims to Catch Tutoring Requests That Go Too Far.

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Students, celebrities connect for tutoring

eSchool News

Students will have the chance to connect directly with celebrities in one-on-one tutoring sessions through Chegg Tutors: VIP Edition. All tutoring sessions will take place this fall through Chegg’s online tutoring platform, Chegg Tutors. All applications for Chegg Tutors: VIP Edition are due by October 23rd.

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

Edsurge

2U 2008 2014 $665M (IPO) Archipelago Learning 2000 2012 $302M (acquired by PLATO Learning) Chegg 2005 2013 $830M (IPO) Connections Education 2001 2011 $400M (acquired by Pearson) HigherOne 2000 2012 $260M (acquired by Blackboard) Instructure 2008 2014 $487M (IPO) K12.com Six of the deals took at least 10 years to materialize.

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