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Chegg to Buy Coding Bootcamp Thinkful for $80 Million

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Chegg , a Santa Clara, Calif.-based based publicly traded student services company, plans to buy Thinkful , a Brooklyn-based online coding bootcamp. Both companies’ boards of directors have approved the deal. Both companies’ boards of directors have approved the deal. Chegg had been holding onto $1.1

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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

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Publicly traded education technology companies are rare. That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. public market.

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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

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For instance, education companies that rely on corporate customers may take a hit, as those clients look to cut costs. Many schools, parents and students are realizing that you can’t just press a button and learn.” Chegg The bottom line: Chegg’s first quarter delighted investors. at Tuesday’s close. What’s ahead?

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Edtech Earnings Roundup: How 2U, Chegg, Instructure and Pluralsight Fared in Q2 2019

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The latest quarterly earnings for publicly traded education technology companies was especially rough for 2U , which revised its loss guidance for the year and stated that it expected enrollment challenges to its core business of running online graduate programs with universities. based company tumbling to historic lows. (It

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

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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.

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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. And it turns out that online language learning is the fastest-growing market segment within the edtech industry. According to Urdan, language learning in the U.S.

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Course Hero Adds $70 Million to Series B Fundraise

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As it turns out, the company wasn’t done fundraising. A combination of “market volatility” and “increased demand for help with remote learning led to a great opportunity to set ourselves up to raise more capital,” Grauer adds. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year.

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