Chegg, Fuel Education Announce Acquisitions; Owl Raises $185M

Marketplace K-12

Learning platform provider Chegg announced its acquisition of Cogeon, and ed-tech investor Owl Ventures closed an $185 million funding round. The post Chegg, Fuel Education Announce Acquisitions; Owl Raises $185M appeared first on Market Brief. Marketplace K-12 Educational Technology/Ed-Tech Games / Apps International / Global Markets Investment / Venture Capital K-12 Dealmaking Online / Virtual Learning Software / Hardware Startups

K-12 Dealmaking: Chegg Acquires Easy Solutions; Age of Learning Raises $150 Million

Marketplace K-12

The month of May kicked off with a significant number of deals in the ed-tech sector, including acquisitions by Chegg and ACT, Inc. Chegg Acquires Imagine Easy Solutions: The learning platform provider has acquired Imagine Easy Solutions , the provider of EasyBib.com and other writing tools, for approximately $42 million in an all-cash transaction, Santa Clara, Calif.-based based Chegg said in a statement.

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Students, celebrities connect for tutoring

eSchool News

Students will have the chance to connect directly with celebrities in one-on-one tutoring sessions through Chegg Tutors: VIP Edition. All tutoring sessions will take place this fall through Chegg’s online tutoring platform, Chegg Tutors.

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?Major Publishers Dismiss Lawsuit Against Follett Corporation

Edsurge

Booksellers who have taken those steps already include Barnes & Noble Education, Chegg, Inc., Follett Corporation, a textbook distribution company, announced this week that it has agreed to adopt a set of “ Anti-Counterfeit Best Practices ,” a list of guidelines co-developed and endorsed by four major textbook publishers. But up until last week, three of those publishers—Pearson Education, McGraw-Hill Education and Cengage Learning—were suing Follett over alleged counterfeit sales.

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Move over 401(k)s — this new perk is helping millennials pay off college loans

The Hechinger Report

Its clients include Fidelity and Chegg. Alanda Povroznik, at head of table, works for a company that, as a benefit, will soon be helping her repay her college loans. Photo: Powertex.

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3 Apps to Build Solid Study Skills

Ask a Tech Teacher

Website Review: Chegg. It’s not enough to share information with students. Unless they have an eidetic memory, much of what they see/hear/taste/smell never reaches long term memory. For that, students require study.

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MissionU Says It Can Replace Traditional College With a One-Year Program

Edsurge

They include Facebook, Uber, Lyft, Spotify, Warby Parker, Casper, Birchbox, Plated, 2U, and Chegg. “In A venture-backed company today announced a new educational offering billed as an alternative to the standard undergraduate experience. It will last only one calendar year, feature a curriculum designed in close coordination with well-known employers, and cost nothing—at least at the outset.

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Why Your Financial Advisor Doesn’t Recommend Edtech Stocks

Edsurge

Chegg. Let’s pretend that you and I are both rich. Like, filthy rich. Scrooge McDuck or Tony Stark rich. The kind of rich that would let us both splurge large sums of money on silly bets. Now pretend that it’s late 2011, and we get into a debate about education technology. I’m excited for the industry’s future, and I think we can make money investing in publicly-traded edtech companies. You disagree and say that we’re both better off investing across a wider variety of industries.

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Blackboard Co-Founder: ‘4 Secrets to Building a Tech Company for Higher Ed’

Edsurge

Chegg was founded in 2005 and went public eight years later in 2013. Once upon a time the learning-management system (or LMS) was a new idea. In fact, the notion emerged about two decades ago. To mark the 20th anniversary of Blackboard, one of the first LMSes, the company’s co-founder, Matthew Pittinsky, wrote an epic blog post about the company’s history, which includes his advice for today’s edtech leaders. What follows is an edited excerpt of Part 1 of that post.

Hack Education Weekly News

Hack Education

I missed this news back in February: Chegg acquired RefMe. (National) Education Politics. The AP interviews US Secretary of Education Betsy DeVos , who laments “she didn’t decry racism enough.” ” Via Politico : “New marching orders from Betsy DeVos’ civil rights chief have the Education Department churning through civil rights complaints.

5 Ed-Tech Ideas Face The Chronicle’s Version of ‘Shark Tank’

Wired Campus

And so what we’ll do is kind of track what type of transactions are happening on, say, Chegg, Amazon, and online away from the bookstore. In the TV series Shark Tank, entrepreneurs with budding companies pitch their ideas to a panel of investors who ask probing questions and then decide whether to back the proposals.

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Hack Education Weekly News

Hack Education

Chegg has acquired Cogeon for $15 million. (National) Education Politics. “Assessing Betsy DeVos ’ Rollback on Disability Rights ” by Pacific Standard’s David Perry. “The 72 OSERS Documents Rescinded by Betsy deVos ” – by Liz Ditz. Via Inside Higher Ed : “The White House announced Thursday that President Trump would nominate Kenneth L. Marcus , president and general counsel of the Louis D.

Hack Education Weekly News

Hack Education

” Pearson and Chegg are partnering for textbook rentals. Education Politics. From the Department of Education’s press release : “U.S. Secretary of Education Announces Chief of Staff and Additional Staff Hires.” ” And what a fine bunch. Via ProPublica : “DeVos Pick to Head Civil Rights Office Once Said She Faced Discrimination for Being White.”

Hack Education Weekly News

Hack Education

” Via the press release : “ Cengage , McGraw-Hill Education , and Pearson have joined forces with Ingram and Chegg , Inc. Education Politics. President Trump gave a not-the-State-of-the-Union address to Congress on Tuesday. Details about the education-related elements of his speech from NPR , The New York Times , Education Week , and The Washington Post. Via The New York Times : “For Trump and DeVos , a Florida Private School Is a Model for Choice.”