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Why I'm Still Bullish About the State of Edtech

Edsurge

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.

EdTech 182
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Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

Edsurge

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. based firm has established itself as a familiar name within the education technology industry. In total, this first fund supported 35 investments.

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Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

Edsurge

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.

Chegg 157
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Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

Edsurge

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. higher-education courseware and in-school assessment in the U.S. It still retains a 25 percent holding.) billion loss in 2016.

Pearson 97
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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

put $150 million in Hero K12 , and Bain Capital, whose Double Impact Fund is on the hunt for promising (and lucrative) education teams. million Trilogy Education $30 million $30 million CreativeLive $25 million $76 million Nearpod $21 million $30 million Examity $21 million $21 million .

EdTech 91
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More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

Edsurge

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. Other investors include the Chan Zuckerberg Initiative and existing backer Technology Crossover Ventures.

Company 69
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Can Technology in the Classroom Replace Expensive Textbooks

Kitaboo on EdTech

According to NBC’s review of the Bureau of Labor Statistics (BLS) data, textbook prices have risen over 3 times the rate of inflation from January 1977 to June 2015, a whopping 1,041% increase. Decrease in State Funding: The government has been scaling back on the funding on college education since the great recession of 2008.