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New CEO at Coursera Comes From Financial Tech, Not Higher Ed

Edsurge

Two Stanford University professors with little background in business started Coursera about five years ago with a mission to bring free education to the masses. These days the company looks and feels very different (and it’s backed by $210-million in venture capital). Initially they even considered making it a non-profit ).

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Looking to Grow in China? 3 Lessons for U.S. Edtech Companies

Edsurge

China-based edtech companies raked in more than $1 billion in investment in 2015, or 37 percent of global funding for the year. At Coursera, we’ve seen registered users in China climb by more than 500 percent between 2013 and 2016, crossing the one million mark in 2015. tech firms, including edtech players. The hurdles?

Company 74
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Early Edtech Giant PowerSchool Goes Public

Edsurge

Companies like to talk about their journey in raising money and growing over time, and one waypost for such journeys is to reach the ringing bells of a stock-market debut. heard those bells today, as the company began trading on the New York Stock Exchange—though the initial price ended up on the low end of expectations.

EdTech 169
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US Edtech Funding Already Nears $1 Billion in First Half of 2019

Edsurge

For the first half of 2019, the industry saw $962 million raised across 65 deals, the highest amount of funding at the halfway mark since at least 2015. By comparison, in the first six months of 2018, companies raised $750 million across 62 deals. Some companies count their accelerator funding into their subsequent seed rounds.

EdTech 139
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Instructure Is Back on the Stock Market, But Not Much Change Expected For Canvas Users

Edsurge

Instructure is officially a publicly-traded company—again. Officials from the company, which makes the Canvas learning-management system used at many colleges and schools, rang the opening bell at the New York Stock Exchange today, marking its IPO. They have not been the ‘evil’ company trying to use data to change their strategy.”

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Crises and Capital: The Top Edtech Business Stories of 2020

Edsurge

The maker of the Canvas learning management system, which went public in 2015, announced a $2-billion offer from private equity firm Thoma Bravo last December. It may not be the only publicly traded edtech company to be taken private. Coursera Couple Returns to Higher Ed With $14.5M Ultimately, the sale went through in March.

EdTech 92
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US Edtech Closes Decade with Record $1.7 Billion Raised in 2019

Edsurge

According to an EdSurge database of publicly announced funding deals, investment in edtech companies reached at least $1.66 based education companies that raised a round of at least $250,000. Companies that primarily offer financial and loan services that serve education as one of many markets were also not included.

EdTech 97