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Why I'm Still Bullish About the State of Edtech

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In the next few days, thousands of edtech entrepreneurs, investors, educators and policymakers will flood a hotel in San Diego to attend the Mecca of Education Innovation Optimism known as ASU GSV. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

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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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Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

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Not so fast, say education publishers and retailers. Instead, educators asked how quickly it could print out materials. 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. billion by 2023.

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

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And now that Reach Capital is done fundraising, it will return its focus to evaluating pitches from education entrepreneurs, all vying for a piece of Reach’s new $82 million fund. Investing is humbling because we inevitably miss out on or pass on companies that go on to achieve great success in realizing their mission.

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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.

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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. put $150 million in Hero K12 , and Bain Capital, whose Double Impact Fund is on the hunt for promising (and lucrative) education teams. Several private-equity-backed companies have invested heavily in the “platform” approach.

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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. Here are some lessons I learned about what makes the higher education market unique. The winner of the LMS market would be the company with the most widely adopted platform.