US Edtech Investments Peak Again With $1.45 Billion Raised in 2018

Edsurge

education technology companies raised $1.45 And that dip in dealflow has been happening in recent years: Investors are pouring more money into the edtech industry, but across fewer companies. edtech industry matures, companies with demonstrable revenue growth are distinguishing themselves from the rest of the pack and attracting bigger funders higher up the investment ladder. For edtech companies able to show consistent growth and revenue, that should be welcome news.

Education's Online Futures

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And then there were MOOCs , of course, and all those predictions and all those promises about the end of college as we know it: “MOOCs make education borderless, gender-blind, race-blind, class-blind and bank account-blind” and similar fables. Although no, to be clear, we are not on track for half of high school classes to be online or for higher education to be replaced by Udacity, and no, MOOCs have not transformed higher ed into some magical meritocracy.).

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The future includes good (human) teachers

The Hechinger Report

We know from the rise in free massive open online courses, better known as MOOCs, that a scholar on a screen can and already has replaced the sage on the stage.

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Via Education Week : “ FCC Delays, Denials Foil Rural Schools’ Broadband Plans.” Online Education and the Once and Future “MOOCMOOCs. “Learning Creative Learning: It’s not a MOOC , it’s a community,” says the MIT Media Lab. “A Proposal to Put the ‘M’ Back in MOOCs ” – an op-ed by Class Central ’s Dhawal Shah in Edsurge. The debit card (for teens) company has raised $8.6

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” São Paulo has approved a bill that would allow companies to manufacture school uniforms and sell branding and sponsorship opportunities on the clothing. Via Wired : “ Koch Brothers Are Cities’ New Obstacle to Building Broadband.” Online Education (and the Once and Future “MOOC”). A call to rebrand MOOCs , from Edsurge. The company, formerly known as SlideRule, has raised $11.2 (National) Education Politics.

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The New York Times notes it’s not just rural students who struggle with broadband access : “Why San Jose Kids Do Homework in Parking Lots.” ” Online Education (and the Once and Future “MOOC”). is the new company of Andrew Ng , Coursera’s co-founder.) ” From Fast Company : “Amazon’s HQ2 could eliminate 1,500 affordable housing units in NYC.” More robot news up in the MOOC section above.

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“Without Net Neutrality , How Would Internet Companies Treat K–12 Districts?” Eric Holcomb says Indiana ’s low-rated online charter schools need ‘immediate attention and action’ ” Via Motherboard : “Half of West Virginia has Applied for Broadband Assistance.” Online Education (and the Once and Future “MOOC”). ” Here’s a list of the other companies backing this “learn to code” initiative.

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Online Education (and the Once and Future “MOOC”). Now the company is betting big on both,” says Inside Higher Ed. Vive la MOOC révolution. ” “Orphan MOOCs and the Digital Dark Ages” by Jeffrey Pomerantz in Hybrid Pedagogy. ” There’s more licensing and certification news in the MOOC section above. Edsurge on teachers leaving the classroom to join tech companies. The company has raised $3.3

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” Via Ars Technica : “Senate Democrats fight FCC plan to lower America’s broadband standards.” million to cover federal funds that went to the botched statewide school broadband contract.” Online Education and the Once and Future “MOOC” Via The Chronicle of Higher Education : “That Hilarious Tweet About an Instructor’s Big Mistake? The company offers “virtual science labs” and has raised $13.67

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Via Pacific Standard : “Why Is the FCC Considering Cutting Broadband Access for Students?” ” I’ll be adding student loan company Quiklo to the ed-tech dead pool. Via Campus Technology : “Digital credentials company Credly is adopting the Credential Transparency Description Language (CTDL), a common markup language designed to improve discoverability of certifications, badges and other verified achievements. MOOCs are out.

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Via Techcrunch : “ FCC votes to negate broadband privacy rules.” ” Reminder: here are the education companies Palantir founder Peter Thiel has invested in. Online Education and the Once and Future “MOOC” Inside Higher Ed on online education at Simmons College. More on MOOC and online education research in the research section below. Saint Francis High School invested $15,000 in the company back in 2012. Education Politics.

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” “Modern E-Rate Puts Telephones On Hold in K–12,” Education Week reports , noting that schools are struggling to pay for phone service (still totally necessary) as well as expanded broadband. ” More on this scramble to serve (profit from) low-income broadband customers in the upgrades/downgrades section below. Online Education (The Once and Future “MOOC”). The company has raised $420 million total.

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” “Republicans try to take cheap phones and broadband away from poor people,” Ars Technica reports. monthly subsidies toward cellular phone service or mobile broadband. ” Via The New York Times : “DeVos Abandons Plan to Allow One Company to Service Federal Student Loans.” ” Online Education and the Once and Future “MOOC” Via Edsurge : “As In-Person Bootcamps Falter, Codecademy Introduces Paid Online Options.”

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“Higher education and library associations called on the Federal Communications Commission Thursday to uphold Obama-era rules requiring broadband providers to treat all traffic on the internet equally,” Inside Higher Ed reports. ” Online Education and the Once and Future “MOOC” Via Inside Higher Ed : “Online education platform Coursera has set a goal of offering 15 to 20 degree programs by the end of 2019. The company has raised $56.4

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Via The New York Times : “ Broadband Law Could Force Rural Residents Off Information Superhighway.” Chopra worked at the CFPB and, while there, “sued two for-profit-college companies – ITT Educational Services Inc. ” It’s now unclear, observers say, if the FTC can regulate companies like Google or Verizon. ” “Two assessment companies – Educational Testing Service and Data Recognition Corp. Education Politics.

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” Via Education Week : “ FCC Revokes Decision Allowing Companies to Provide Low-Income Families With Subsidized Broadband.” Related via Buzzfeed : “133 Tech Companies Say Trump’s Immigration Order Is Unconstitutional.” ” Just two ed-tech companies signed the amicus brief: General Assembly and AltSchool. Online Education and the Once and Future “MOOC” “ MOOCs : A Postmortem” by Jonathan Rees.

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” Palantir is the data analytics company co-founded by Peter Thiel and funded in part by the CIA. Another tech company ready and willing to support Trump: IBM. If you know the history of this company , it’s a rather frightening gesture. ” Online Education (The Once and Future “MOOC”). And I’m not sure if Udacity now better fits here in this for-profit higher ed section, but there’s news about it in the MOOC section above.

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” Online Education and the Once and Future “MOOC” Big HR news about Coursera in the HR section below. Here’s the headline from Inside Higher Ed : “For-Credit MOOC: Best of Both Worlds at MIT ?” ” But if you look closer, it’s not a MOOC; it’s just an online class at MIT. ” The company has raised $16.5 Rather, the company takes 25 percent of the gain or loss when the house gets sold again. (If

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Via EdWeek’s Market Brief : “New Law Nixing Broadband Privacy Protections Stirs K–12 Fears.” ” The results are self-reported based on a survey administered by a private student loan company which offers loans to coding bootcamp enrollees, but I’m sure it’s all on the up-and-up. Online Education and the Once and Future “MOOC” Via the Coursera blog : “ Coursera now offers free trials for most Specializations.”

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” Via Multichannel News : “Trayvon Martin Attorney Parks Targets AT&T Over Alleged Broadband Redlining.” Online Education and the Once and Future “MOOC” Online education pioneer Tony Bates asks “ What is online learning ?” ” From the press release : “ MOOCs and books initiative launched by Springer and Federica Weblearning.” Jeff Fernandez, the co-founder of the online learning company Grovo , has resigned.

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From the FCC : “Fact Sheet on Broadband Consumer Privacy Proposal.” Online Education (The Once and Future “MOOC”). ” “Aftermath of the MOOC wars: Can commercial vendors support creative higher education ?” through-MOOCs program launched, its College of Business says it is seeing the contours of a model it can use to promote the university abroad, enroll previously untapped groups of students and attract corporate partners.”

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Online Education (The Once and Future “MOOC”). The company said that it would keep the Vine website online, but you should probably download anything you’ve got there. But despite all these cuts, big companies rolled out New Products this week that were perhaps Very Exciting if you’re into New Products. ” Edsurge points to new guidelines for education companies participating in Y Combinator ’s startup accelerator program.

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Via Education Week : “ Trump Signs Orders on Rural Broadband Access.” awards debt collection contract to company with ties to DeVos.” ” Via Buzzfeed : “Here’s How A Student Loan Debt Relief Company Preyed On Its Customers.” ” The company: the Student Loan Assistance Center. Online Education (and the Once and Future “MOOC”). The English-language-learning company has raised $608 million total.

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Via Wired : “ Ajit Pai ’s Plan Will Take Broadband Away From Poor People.” ” Oh sure sure, this isn’t exactly education technology news, except for the part where Khosla invests in education technology companies and his wife founded the open education organization CK–12. ” Online Education (and the Once and Future “MOOC”). The “ invisible ” “adaptive learning” company has raised $38.7

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“ FCC Delays Are Keeping Broadband From Rural School Kids,” says Wired. Online Education (and the Once and Future “MOOC”). Via EdWeek’s Market Brief : “ ISTE Unveils Plans to Match Ed-Tech Companies With Educators for Feedback on Apps.” The company “provides personalized educational feedback services for students,” and according to Crunchbase has raised $184 million total.

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Via Edsurge : “Possible ‘Fraud, Theft, Waste, and Abuse’: Report Questions NYC School Broadband Spending.” Worth noting: the website promotes private student loan companies SkillsFund and Climb to students looking for tuition assistance.). Online Education and the Once and Future “MOOC” Via Slate : “ The New Diploma Mills.” Via Techcrunch : “ SoFi co-founder Dan Macklin is leaving the company.”

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Edsurge runs with Trump’s promise to boost rural broadband like it’s a truth anyone can count on. Online Education and the Once and Future “MOOC” Via The Post and Courier : “ South Carolina ’s online charter schools: A $350 million investment with disappointing returns.” ” (This reminds me that I need to write something about the history of Montessori and why all sorts of companies have appropriated the brand.).

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SoFi : a student loan company and one of the most well-funded ed-tech companies out there sure seems swell. ” “ Delta Career Education Corporation , a privately held for-profit college company, is phasing out seven of its campuses,” Inside Higher Ed reports. Online Education and the Once and Future “MOOC” “ California Should Watch Arkansas Process for Creating New Online Institution,” says Mindwires Consulting’s Phil Hill.