article thumbnail

Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab

Edsurge

Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. Even so, Ramirez described the edtech environment as “extremely challenging.”

Chegg 71
article thumbnail

Adapting to the ChatGPT era in education

eSchool News

ChatGPT has rapidly begun to infiltrate K-12 classrooms nationwide. Companies like Chegg have become multi-billion dollar platforms , which is mainly attributable to students seeking on-demand access to textbook and exam answers.

Chegg 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top EdSurge Higher Education Stories of 2021

Edsurge

Additionally, stories about companies and nonprofits trying to innovate within higher ed attracted a lot of attention, as did several articles about learning science and new teaching practices. Coursera Is Now a Public Company. That hasn’t stopped some approaches from catching on in classrooms. By Jeffrey R. By Jeffrey R.

Coursera 128
article thumbnail

Why I'm Still Bullish About the State of Edtech

Edsurge

This year’s 1 3th edition will swamp San Diego’s waterfront for four days and feature 1,000 speakers, including Thomas Friedman and Margaret Atwood, plus the buzziest for-profit companies in our industry. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

EdTech 187
article thumbnail

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. In addition, several companies, including Age of Learning, CodeCombat and GotIt!, based Chegg said in a statement. received cash infusions from investors.

Chegg 40
article thumbnail

Duolingo IPO Shows Investors Think Edtech Is Still Growing.

Edsurge

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 166
article thumbnail

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 196