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Why I'm Still Bullish About the State of Edtech

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In the next few days, thousands of edtech entrepreneurs, investors, educators and policymakers will flood a hotel in San Diego to attend the Mecca of Education Innovation Optimism known as ASU GSV. So now is the perfect time to reflect on the state of edtech. A small but mighty movement was building – and it needed time to grow.

EdTech 184
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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

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Money has flowed into the edtech sector over the last twelve months. Unlike other edtech startups seemingly on the fast track to big checks, Codecademy has been in the business for over a decade. 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.

Chegg 151
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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

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edtech companies last year, the dollars returned with a fury during the first six months of 2017. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). Now “Sand Hill is waiting to see the outcome of some of their previous edtech investments,” says Shauntel Poulson, a general partner at Reach Capital.

EdTech 94
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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

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I’m excited for the industry’s future, and I think we can make money investing in publicly-traded edtech companies. 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. Our Basket of Edtech Stocks: 2U.

EdTech 60
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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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Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

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The firm traces its roots to 2012, when Jennifer Carolan and Wayee Chu (now both general partners at Reach), started a $12 million “Seed Fund” at NewSchools Venture Fund, an Oakland-based education nonprofit philanthropy. WriteLab (Chegg). -based firm has established itself as a familiar name within the education technology industry.

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

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He envisioned a game-based educational platform used by teachers and students to learn about science and the environment. Kelly met him through Planet3 co-founder Albert Yu-Min Lin when Lin received an award sponsored by Switch, Kelly told EdTech Digest at the time. Atari founder Nolan Bushnell started BrainRush in 2012.