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Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab

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Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. WriteLab was founded in 2013 by Matthew Ramirez, then a PhD candidate at the University of California, Berkeley and Donald McQuade, a long-time English professor at the same school. WriteLab had previously raised about $3.2

Chegg 68
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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

Edsurge

Codecademy hired its first chief financial officer last November: former Chegg executive and general manager Adam Goldman. Chegg went public in 2013. I think that experience from Chegg signals the direction that we hope to go in the future, which is becoming a business of that size and scale, if not larger.”

Chegg 151
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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) He was an early investor in Chegg, which went public in 2013 and whose stock more than doubled in 2020. Publicly traded education technology companies are rare. Soon, there will be one fewer after tech training provider Pluralsight gets taken private later this year.

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Platzi Raises $6 Million to Bring More Online Education to Latin America

Edsurge

Founded in 2013, their company, Platzi , offers Spanish- and Portugese-language live-streamed classes for courses that include programming, marketing, design and business. The two men joined together for a new company focused on an underserved market in tech training: Latin America.

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Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

Edsurge

If concluded, the sale would mark yet another major asset that Pearson has shed since John Fallon took over as CEO in 2013. Earlier this month, McGraw-Hill, Barnes & Noble Education and Chegg teamed up for a new digital textbook rental program that the trio claims can help students save as much as 70 percent from buying print copies.

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Springboard Raises $11 Million to Expand Mentor-Driven Coding Bootcamps

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The company says it has trained more than 14,000 students since its founding in 2013. Bootcamps have been acquisition targets as well, with Chegg scooping up Thinkful and 2U buying Trilogy. Tambay sees more room to grow in India and Southeast Asia, as well as in Europe and Latin America.

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Gig’s Up: CreatorUp Raises $1 Million to Train and Match Creative Professionals for Work

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This is the first round of funding for the Los Angeles-based company, which has been bootstrapped since its founding in 2013. A sizable portion of CreatorUp’s clients come from the education industry, including Cengage and Chegg, as well as community colleges and universities.