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K-12 Dealmaking: Udemy, Tynker Raise Funds; PeopleAdmin Acquires TeacherMatch

Marketplace K-12

A number of ed-tech companies, including Udemy and Tynker, have raked in funds from investors over the past week. Udemy Raises $60 Million: Udemy , a San Francisco-based online provider of courses, received a $60 million strategic investment from Internet and entertainment group Naspers through its Naspers Ventures division.

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Why We Don't Need a 'Netflix for Education'

Edsurge

If the views expressed by leading edtech companies are any indication, the race to become the first 'Netflix of Education' is gathering steam. One feature of Netflix in particular seems to have captured the imagination of edtech companies. It will not push you to go read a book, even if it is better than the movie.

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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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Quizlet Just Raised $30M at a $1 Billion Valuation. But Don’t Call It a Unicorn.

Edsurge

Unicorns don’t exist, except as an analogy for private companies supposedly worth at least $1 billion. But Glotzbach’s point is that camels are hardy and steady—just as he hopes his company can be. Udemy ( $2B ). With this latest fundraise, the San Francisco-based company has raised $62 million in venture capital to date.

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The Business of 'Ed-Tech Trends'

Hack Education

When I first started working as a tech reporter, I assumed – naively – that venture capitalists were smart people who did thorough research before funding a company. I assumed that they looked to see if the company could do what it promised – financially, technologically. One should be conscientious, as such.

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Hack Education Weekly News

Hack Education

Via Edsurge : “As LinkedIn ’s Video Library Grows, Company Says It Has No Plans to Compete With Colleges.” Udemy has a new CEO : “Kevin Johnson, former CEO of EBates, a marketplace for coupons and shopping discount deals.” That’s despite privacy concerns about the company. million total.

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Hack Education Weekly News

Hack Education

An ex-Corinthian student is filing a federal class-action lawsuit against the firms that now own the private loans, as well as a collection company seeking to recoup the debt from borrowers.” ” The company in question: Bridgepoint Education , which owns Ashford University and the University of the Rockies. ” Hooray.