Edsurge

MAY 16, 2018

Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. Even so, Ramirez described the edtech environment as “extremely challenging.”

Chegg 68

Chegg Tools Pearson EdTech 68

Edsurge

MAY 30, 2018

Two years ago, the “college-alternative” company launched to glowing coverage on TV shows, raised $11.5 Fast Company, which broke the story , reported that the acquisition was an all-stock deal. million, starting with a $3 million seed round in 2016, and followed by a $8.5 How did it start and end so quickly?

Chegg 80

Chegg Company Industry Data 80

Edsurge

APRIL 17, 2019

He had the money, at least $13 million raised by July 2016. But at an all-hands meeting at the company’s Washington, D.C. Some employees hoped the company could turn around and stayed on without pay. “We He had the staff, as many as 35 employees with experience in game and curriculum development. Nineteen states and D.C.

Education 78

Education Company Chegg Pearson 78

Hack Education

DECEMBER 30, 2019

You can read the series here: 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2019. Without revenue the company will go away. Or the company will have to start charging for the software. Boundless’s materials have been archived by David Wiley’s company Lumen Learning. And “free” doesn’t last.

Pearson 145

Pearson MOOC Company Software 145