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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 It is expected to close in the fourth quarter.

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

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Founded in 2011, the New York-based company has built a hugely popular training platform that has helped millions of students learn to code over the last 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. So how is it keeping pace?

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Why I'm Still Bullish About the State of Edtech

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The prior year, my former chief Bill Gates headlined ASU GSV and received a standing ovation for championing technology’s power to transform teaching and learning. Chegg (NYSE: CHGG) is down 43.8 LMS and Digital Learning topped the hype cycle in 2001 (a few years before Blackboard went public). MOOCs topped the cycle in 2012.

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

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Frontline Education, controlled by Insight Venture Partners, has snapped up another 10—most recently, professional-learning provider School Improvement Network. These new firms coming in big checks are going to learn that lesson,” Palmer says. PowerSchool, owned by Vista Equity Partners, has acquired eight companies since June 2015.

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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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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

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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. Cambium Learning Group. Back in 2012, there were seven companies that fell into this category. a share in May 2016, it was down 88 percent from January 2012.

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