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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

Publicly traded education technology companies are rare. That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. edtech startups raised $2.2

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This Edtech Critic Was Supposed to Become a Bridge Between Educators and Edtech. How Is It Going?

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While they’re both ostensibly working to make education as strong as possible, educators and edtech don’t always see eye to eye. Observers of the space, for instance, have long noted that teachers are often excluded from edtech procurement , as are higher ed faculty and staff. The companies note that they forbid cheating.)

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Automated Proctoring Swept In During Pandemic. It’s Likely to Stick Around, Despite Concerns

Edsurge

Just in the past few months, a law student sued an automated proctoring company , students have complained about their use in student newspaper editorials and professors have compared them to Big Brother. There is a lot of concern in higher ed about Chegg and Course Hero,” Urdan says, “which everyone acknowledges are cheating tools.” "We

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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.

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Chegg Ditches Ingram for FedEx and Eyes International Growth

Edsurge

Back in 2014, more competition from Amazon had led the Santa Clara, Calif-based Chegg to a deal with book distributor Ingram Content Group. Ingram bought Chegg’s textbook inventory to sell and distribute, and the companies shared the revenues. Chegg’s quarterly results pleased investors. at market close Nov.

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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

Edsurge

Money has flowed into the edtech sector over the last twelve months. Unlike other edtech startups seemingly on the fast track to big checks, Codecademy has been in the business for over a decade. But the New York-based company had already served 45 million students in more than 190 countries before the pandemic hit. “We

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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

Edsurge

That’s the industry lingo for companies valued at $10 billion or more. It’s an ultra-exclusive club of two dozen companies across the world, according to CB Insights. Byju’s is the newest member—thanks to an investment from technology investment firm Bond, which values the company at $10.5

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