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Chegg to Buy Coding Bootcamp Thinkful for $80 Million

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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

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And its announcement of a $40 million Series D round, led by Owl Ventures, is recognition of years of growth at the forefront of programming education. We’ve been cashflow positive for more than 18 months at this point … I think that's a rarity in the world of technology startups and in the world of fast-growth, education-technology startups.”

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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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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. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

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

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And now that Reach Capital is done fundraising, it will return its focus to evaluating pitches from education entrepreneurs, all vying for a piece of Reach’s new $82 million fund. based firm has established itself as a familiar name within the education technology industry. In total, this first fund supported 35 investments.

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

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put $150 million in Hero K12 , and Bain Capital, whose Double Impact Fund is on the hunt for promising (and lucrative) education teams. million Trilogy Education $30 million $30 million CreativeLive $25 million $76 million Nearpod $21 million $30 million Examity $21 million $21 million . of deals.

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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

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Now pretend that it’s late 2011, and we get into a debate about education technology. 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.

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