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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. Since Codecademy launched in 2011, the learn-to-code industry has spawned dozens, if not hundreds of coding bootcamps, apps and other competitors. Chegg went public in 2013. So how is it keeping pace?

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Why I'm Still Bullish About the State of Edtech

Edsurge

This year’s 1 3th edition will swamp San Diego’s waterfront for four days and feature 1,000 speakers, including Thomas Friedman and Margaret Atwood, plus the buzziest for-profit companies in our industry. It’s hard to remember now, but many industry colleagues felt edtech was a frothy market in 2017. Chegg (NYSE: CHGG) is down 43.8

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

Edsurge

short-lived experiment in the coding bootcamp industry ). Home-run bets and financial windfalls are rare in the edtech industry. The biggest exit in the edtech industry—Lynda.com’s $1.5 The new money comes at a time when traditional venture capital firms are taking a breather.

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

Edsurge

based firm has established itself as a familiar name within the education technology industry. 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).

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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

Edsurge

I’m excited for the industry’s future, and I think we can make money investing in publicly-traded edtech companies. You disagree and say that we’re both better off investing across a wider variety of industries. Back in 2012, there were seven companies that fell into this category. Our Basket of Edtech Stocks: 2U. Instructure.

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

Edsurge

A Most Difficult Game The struggles of Planet3 are not unique to the educational game industry. Among those who tried include Osman Rashid, the co-founder of Chegg and Kno, who launched Galxyz in 2014 to build a science video games for grades three to 12. Magnates from the gaming industry have attempted as well.

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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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