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Elite Colleges Started EdX as a Nonprofit Alternative to Coursera. How Is It Doing?

Edsurge

Amidst the hype, two competing entities were formed within a few weeks of each other: One of them was Coursera, a for-profit startup backed by the biggest-name investors in Silicon Valley, who argued that they were building a billion-dollar company, a rare “unicorn,” as venture capitalists say.

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A Product at Every Price: A Review of MOOC Stats and Trends in 2017

Edsurge

According to data gathered by Class Central, around 20 million new learners signed up for their first MOOC in 2017, fewer than the 23 million new learners who registered for a MOOC in 2016. Here is a list of the top five MOOC providers by registered users: Coursera: 30 million users. The total number of MOOC learners is now 78 million.

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

Edsurge

Coursera, the Mountain View, Calif.-based The two companies were also among the 10 companies that raised the most funding in 2017 as well. Coursera, Andela, Degreed, A Cloud Guru and Lambda School all offer courses tailored for people who want to pick up new professional skills (usually involving programming and computer science).

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

Edsurge

A PwC-CB Insights report puts U.S. Those elite eight—Guild Education, BetterUp, Coursera, Andela, Degreed, MindTickle, EdCast and A Cloud Guru—accounted for 39 percent of edtech investing in 2019. Source: EdSurge Last year saw four mega-rounds (exceeding $100 million), compared to two in 2018, three in 2017 and one the year prior.

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GSV Ventures Raises $180M Fund in Search of Global Edtech Opportunities

Edsurge

Its portfolio includes “unicorns” like Coursera, one of the original MOOCs that is reportedly exploring options to go public. billion in 2017. GSV Ventures launched in 2016 with a $97 million fund, and has since invested in 65 edtech companies. Several past GSV investments have turned into a big payday.

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The Still-Evolving Future of University Credentials

Edsurge

The growth of educational platform companies such as Coursera and 2U is being driven in part by a surge in demand for certificate programs and “alternative credential” offerings. But that’s not the same as saying that employers no longer value college credentials, despite overhyped media reports that employers are “throwing out” degrees.

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European Edtech Investor Brighteye Ventures Raises $54 Million for Second Fund

Edsurge

companies like Coursera are raising hundreds of millions at billion-dollar valuations. This milestone and the timing are where we wanted to be when we launched Brighteye in 2017,” says Benoit Wirz, a partner at Brighteye Ventures. “It Source: Brighteye Ventures: “ The European EdTech Funding Report 2020.” In the U.S.,

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