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Why I'm Still Bullish About the State of Edtech

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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. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

EdTech 184
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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. Louis-based company’s $50 million Series B round, which closed in November 2015. Already boasting 4,000 tutors covering 1,000 subjects, the company is on the hunt for more teachers.

Company 73
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Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

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higher education courseware in 2015, down from 50 percent the year before, according to a 2018 report from Macquarie, an investment bank and financial services company. The company has invested in a partner rental program that should reach 400 titles in the second half of this year. It’s a coexistence. Blended is best,” he said.

Chegg 161
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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. The publisher sold The Financial Times and its stake in The Economist in 2015. Under his tenure, Pearson has embarked on a rocky transition to refocus Pearson as a digital-focused education company. billion loss in 2016.

Pearson 105
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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

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edtech companies last year, the dollars returned with a fury during the first six months of 2017. Several private-equity-backed companies have invested heavily in the “platform” approach. PowerSchool, owned by Vista Equity Partners, has acquired eight companies since June 2015. The bull is back—or is it? Round Size.

EdTech 98
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Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

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Investing is humbling because we inevitably miss out on or pass on companies that go on to achieve great success in realizing their mission. When Carolan’s team started Reach Capital in 2015, it raised $53 million for its first fund. (It For Reach, they include Sesame Workshop and TAL Education, a Chinese education company. “We

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Blackboard Co-Founder: ‘4 Secrets to Building a Tech Company for Higher Ed’

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As origin stories go, the founding of Blackboard twenty years ago lacked that single light bulb moment that tech companies like to tell. The winner of the LMS market would be the company with the most widely adopted platform. In recent memory, we launched Blackboard in 1997 and took the company public seven years later in 2004.