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Ka’Ching! 2016 US Edtech Funding Totals $1 Billion

Edsurge

edtech companies, which altogether raised an estimated $1.03 billion across 138 venture deals in 2016. edtech companies raised roughly 57 percent of what Snapchat did in its $1.8 edtech companies raised roughly 57 percent of what Snapchat did in its $1.8 Santa proved a little more parsimonious to U.S.

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The Still-Evolving Future of University Credentials

Edsurge

To start off, it’s worth thinking back to 2016. We were in the early innings of what I argued at that time was more of a supply-side-driven phenomenon: universities and companies were experimenting with new offerings, and the groundwork was being laid for a more digitally-oriented, shorter-form credentialing future.

MOOC 201
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‘Faculty Information System’ Developer, Interfolio Acquired for $110M+

Edsurge

And the idea has caught the attention of investors: Insight Venture Partners is slated to acquire the DC company for more than $110 million, the Washington Business Journal reports. In December 2016, Tufts launched a project to centralize that information, and now offers faculty and staff free Interfolio accounts.

System 101
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?Filling the Other Skills Gap

Edsurge

And in the market of companies tackling the infamous employment gap between willing workers and open jobs, this maxim appears correct. The collection of edtech companies aimed at prepping educated, but still underprepared workers represents a virtual stampede of unicorns. Census Bureau 2016; U.S. And this is just online.

Udemy 84
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?The Future of Online Learning Is Offline: What Strava Can Teach Digital Course Designers

Edsurge

In 2016, Strava users uploaded 304 million activities , logged 6.8 Quickly I found that even as I logged runs on Strava daily, I struggled to find the time to log into platforms like Coursera, Udemy or Udacity to finish courses produced by my fellow instructional designers. A few companies are heading that way.

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The Business of 'Ed-Tech Trends'

Hack Education

Tom Webster, the VP of strategy at the market research firm Edison Research, argued that the report should be viewed as “an extremely effective piece of content marketing,” pointing to the number of slides that cite data about or by a portfolio company of Meeker’s employer, the venture capital firm Kleiner Perkins Smith Caulfield.

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The Business of Education Technology

Hack Education

The total dollars invested in 2016 are off by about $2 billion from this time last year; the number of deals are down by a third; and the number of acquisitions are off by about 20%. Or lack thereof – see “ The 2016 Ed-Tech Dead Pool.”). Funding has shrunk. ” You are a fool. . ” “ A path to revenue.”