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

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Publicly traded education technology companies are rare. That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. public market.

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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. Educators have appreciated their work.

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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. 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.

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

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Before they founded a company together, Freddy Vega and Christian Van Der Henst were rivals. They had two different companies that provided services to Flash programmers until a combination of the programming language’s decline in popularity with the global recession killed business in the early 2010s. For the U.S.

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More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

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In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. This week, Varsity Tutors raised $50 million in a Series C round led by Learn Capital, an education-focused venture firm. Louis-based company’s $50 million Series B round, which closed in November 2015.

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

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In its latest earnings update, the company confirmed that it is indeed moving ahead with such plans. If concluded, the sale would mark yet another major asset that Pearson has shed since John Fallon took over as CEO in 2013. higher-education courseware and in-school assessment in the U.S. The company’s revenue from U.S.

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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. CreatorUp is a digital media studio and training company with an educational program to train aspiring creative professionals in business and digital production.