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Global Ed-Tech Funding, Propelled by Big Deals, Reaches New Record

Marketplace K-12

Overall, funding for global deals in the digital space jumped by 58 percent from 2014 to 2015, according to research from CB Insights , a New York-based market research company. Another China-based company, 17zuoye , raised $100 million. The company’s name loosely translates into “homework together.”.

Knewton 40
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The Business of Education Technology

Hack Education

Bust or not, companies across the tech sector, particularly those with high “burn rates” , faced tough choices in 2016: “cut costs drastically to become self-sustaining, or seek additional capital on ever-more-onerous terms,” as The WSJ put it – that is, if they were able to raise additional capital at all. .”