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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

Edsurge

Founded in 2011, the New York-based company has built a hugely popular training platform that has helped millions of students learn to code over the last decade. But the New York-based company had already served 45 million students in more than 190 countries before the pandemic hit. “We A sample project in Codecademy.

Chegg 156
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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

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billion—which is a good moment to reflect on how mobile learning has entered classrooms and how the company has expanded from just an app. From the forms the company filed with the SEC last month, we learned the company conducted a study to evaluate Duolingo’s effectiveness versus traditional university language courses.

EdTech 164
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Course Hero Adds $70 Million to Series B Fundraise

Edsurge

As it turns out, the company wasn’t done fundraising. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. Companies like Coursera, which helps universities build and access online courses, have ridden the momentum from new registrations to secure a $130 million investment in July.

Course 123
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The Post-Pandemic Outlook for Edtech

Edsurge

The sudden shift gave leaders at DreamBox Learning, a math education company headquartered nearby, an early glimpse at the upheaval to come and an inkling that digital teaching tools would soon be in high demand around the country. That strained the company, but it also notched DreamBox record levels of renewals.

EdTech 188
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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

The budget proposal for the 2020 fiscal year requested an approximate $7.1 Companies like Chegg, eFollett, and BookRenter are offering new textbooks on rent for less than the price of a used book. Today, a lot of companies offer subscription-based services. students are able to engage with the course content.

Trends 97
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Hack Education Weekly News

Hack Education

Assessing Betsy DeVos ’ Rollback on Disability Rights ” by Pacific Standard’s David Perry. No disclosure in this or its Class Central article that it shares investors with these MOOC companies.). From the Coursera blog : “Building India ’s Workforce for 2020.” ” (No. .”

MOOC 47
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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last. Wedge Tailed Green Pigeon.

Pearson 145