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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.”

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Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

Edsurge

These meetings, she says, inform how they interact with entrepreneurs. Investing is humbling because we inevitably miss out on or pass on companies that go on to achieve great success in realizing their mission. It brought over the companies from the Seed Fund into its portfolio as well, and re-invested in 14 of them.)

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Where in the World Is Planet3? An Educational Gaming CEO Seeks His Second Act

Edsurge

But at an all-hands meeting at the company’s Washington, D.C. Some employees hoped the company could turn around and stayed on without pay. “We Planet3 found its biggest backer in Rob Roy, CEO of Las Vegas-area data center services company Switch, which invested $10 million in the company in 2015.

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

Wired Campus

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. Freund: When I sold my previous company, I had some time at my hands for the first time really in my life. Each spoke from a different perspective — Ms.

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Hack Education Weekly News

Hack Education

Via Forbes : “The Startup President: How France ’s Macron Nearly Built An EdTech Company.” ” Ed-tech: where you don’t need an actual product idea for a company, and you can incubate your neoliberalism anyway. ” ECOT is the Electronic Classroom of Tomorrow, a failed online charter school.

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Hack Education Weekly News

Hack Education

Not really ed-tech-related, except for all those companies saying they’re “Uber for education.” ” The New York Times on “ mastery based learning ” : “A New Kind of Classroom: No Grades, No Failing, No Hurry.” The company has $8.3 ” Education in the Courts. ” Holy s**t.

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Hack Education Weekly News

Hack Education

“ Is Running a Company Like Leading a Classroom? Via The Outline : “The rise and fall of the company behind ’ Reader Rabbit’ and all your favorite educational games.” ” A data breach at Chegg – more details in the data and surveillance section below. ” asks Edsurge.