Edsurge

MAY 12, 2020

For instance, education companies that rely on corporate customers may take a hit, as those clients look to cut costs. While COVID-19 hit at the tail end of the first quarter, some publicly traded education companies already reported an impact on their Q1 2020 earnings. Chegg The bottom line: Chegg’s first quarter delighted investors.

Company 112

Company Chegg EdTech Pearson 112

Edsurge

JULY 28, 2021

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. And it turns out that online language learning is the fastest-growing market segment within the edtech industry. billion, making its total valuation more than $4.7

EdTech 164

EdTech Chegg Mobility Company 164

Edsurge

NOVEMBER 12, 2019

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. The Ingram deal was framed as part of Chegg’s strategy to 100 percent digital revenue.

Chegg 65

Chegg Company Training Data 65

Edsurge

MAY 16, 2018

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 69

Chegg Tools Pearson EdTech 69

Edsurge

FEBRUARY 23, 2021

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

Chegg 156

Chegg Company EdTech Education 156

Edsurge

JUNE 30, 2020

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

EdTech 133

EdTech Chegg Udemy Industry 133

Edsurge

JULY 24, 2017

edtech companies last year, the dollars returned with a fury during the first six months of 2017. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). Several private-equity-backed companies have invested heavily in the “platform” approach. According to our tally, there were 58 U.S.

EdTech 98

EdTech Chegg Kaplan Coursera 98

Edsurge

JULY 30, 2018

Investing is humbling because we inevitably miss out on or pass on companies that go on to achieve great success in realizing their mission. based firm has established itself as a familiar name within the education technology industry. For Reach, they include Sesame Workshop and TAL Education, a Chinese education company. “We

Blendspace 65

Blendspace Chegg Technology Education 65

Edsurge

AUGUST 31, 2020

As it turns out, the company wasn’t done fundraising. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. edtech companies raised over $800 million in the first half of 2020. The company has also invited them to freely share their course materials with peers.

Course 123

Course Chegg Coursera Company 123

Edsurge

AUGUST 23, 2016

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. Vanguard index fund which tracks the biggest companies on the NYSE and NASDAQ exchanges. Our Basket of Edtech Stocks: 2U.

EdTech 60

EdTech Pearson Chegg Company 60

Edsurge

JUNE 18, 2019

Before they founded a company together, Freddy Vega and Christian Van Der Henst were rivals. They had two different companies that provided services to Flash programmers until a combination of the programming language’s decline in popularity with the global recession killed business in the early 2010s. For the U.S.

Chegg 165

Chegg Company Comparison Training 165

Edsurge

DECEMBER 28, 2018

That’s why we’ve also highlighted a few here that we don’t want you to miss, from complicated community college turnarounds to where IKEA and edtech overlap. Cheating on Chegg? How the Company Aims to Catch Tutoring Requests That Go Too Far. Here’s a look at how the education company is responding. Are You Still There?

MOOC 120

MOOC Coursera Chegg Pearson 120

Edsurge

FEBRUARY 14, 2018

In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. Other investors include the Chan Zuckerberg Initiative and existing backer Technology Crossover Ventures. Louis-based company’s $50 million Series B round, which closed in November 2015.

Company 73

Company Chegg Industry Mobility 73

Edsurge

JULY 11, 2018

But how is machine learning playing out in education—and how does it impact not just students, educators and parents, but also the businesses building technology tools to support teaching and learning? Great Data, Great Responsibility (and Costs) So what can education companies do to reduce biases in their tools?

Chegg 88

Chegg Education Learning Company 88

Edsurge

MAY 13, 2020

Instead, the edtech investment firm is helping to launch a new online MBA program focused on entrepreneurship. If we do this right, not only should GSV have a strategy in investing in these companies, we hope other investors see the value of the students coming out of there and are attracted to it as well,” Moe says. Its partner?

Chegg 102

Chegg Coursera Company Facebook 102

Edsurge

SEPTEMBER 25, 2019

To support that effort, the startup has raised $1 million in a seed round from a group of investors that include Metallavon VC, an early-stage investment fund based in Greece, and LearnStart, the seed fund affiliated with edtech investment firm Learn Capital. The company also earns revenue from each client project.

Training 68

Training Chegg Company Course 68

eSchool News

APRIL 1, 2024

We had the chance to interview keynote speaker Mike Trucano, Visiting Fellow at the Center for Universal Education, Brookings Institution on to get a sneak peek on his ideas and insights into what could be the most impactful technology to affect education in history. But it is certainly a topic that just continues to just dominate.

Education 87

Education EdTech Chegg Technology 87

Edsurge

FEBRUARY 26, 2018

In its latest earnings update, the company confirmed that it is indeed moving ahead with such plans. Under his tenure, Pearson has embarked on a rocky transition to refocus Pearson as a digital-focused education company. a semester to access all of the company’s digital higher-ed materials. billion loss in 2016.

Pearson 105

Pearson Chegg Company Instructional Materials 105

Edsurge

MAY 30, 2018

Two years ago, the “college-alternative” company launched to glowing coverage on TV shows, raised $11.5 Fast Company, which broke the story , reported that the acquisition was an all-stock deal. But according to several MissionU investors, what the company provided was not always consistent with what the students were looking for. “The

Chegg 83

Chegg Company Industry Data 83

Kitaboo on EdTech

APRIL 25, 2019

With new technology constantly evolving with new and enhanced features to improve the student learning experience, textbook publishers needed to keep up with them. Companies like Chegg, eFollett, and BookRenter are offering new textbooks on rent for less than the price of a used book.

Trends 97

Trends eBook Education Industry 97

Edsurge

MAY 2, 2017

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. Equally important to our product strategy were “The Two Commandments:” Ease of use and enterprise technology.

Blackboard 103

Blackboard Company Pearson LMS 103

Edsurge

APRIL 24, 2018

The company reemerged a year later intent on growing its digital offerings and making more strategic acquisitions and partnerships. Over the last 10 years or so, the majority of the acquisition activity for smaller edtech startups came from the big textbook companies. Chegg provides, amongst other things, tutoring services.

Chegg 102

Chegg Pearson Company EdTech 102

Edsurge

APRIL 17, 2019

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.

Education 80

Education Company Chegg Pearson 80

Edsurge

JULY 11, 2022

the edtech “unicorn” and homework help site. Web traffic like that incurs hosting and supporting costs which can look unappetizing when the company paying them doesn’t feel it’s supporting their main mission. Handing off hosting of the content, the company says, will allow it to focus on its own original courseware. History II.

OER 175

OER Course Chegg Company 175

Edsurge

AUGUST 25, 2019

Over the past decade, Michael Moe and his business partner, Deborah Quazzo, have been central players in building the education technology economy. Together they have run the ASU GSV Summit , the annual must-go-to event for business leaders and investors in edtech. public market cap companies. Now he’s pivoting to just one.

Industry 86

Industry EdTech Company Chegg 86

Edsurge

JUNE 17, 2017

Dreamit Edtech network to get their “lemon lists” of concepts, statements, and business models that edtech entrepreneurs may want to think twice—or thrice—about. Do you know what company is “Facebook for country X?” Chegg (or Amazon for that matter)? Do you know what company is “Facebook for country X?”

EdTech 94

EdTech LMS Facebook Chegg 94

Hack Education

MAY 18, 2018

Each week, I gather a wide variety of links to education and education technology articles. 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.

Education 49

Education Company MOOC Report 49

Hack Education

APRIL 14, 2017

“Is Your Edtech Product a Refrigerator or Washing Machine?” I love this headline from Campus Technology , which echoes the wise words of Bill and Ted from their excellent adventure: “ Ed Tech Changes … and Stays the Same.” ” Pearson and Chegg are partnering for textbook rentals. million total.

Education 44

Education E-rate MOOC Data 44

Hack Education

DECEMBER 30, 2019

For the past ten years, I have written a lengthy year-end series, documenting some of the dominant narratives and trends in education technology. The organization, which was founded in 1994, was best known for its annual Horizon Report, its list of predictions about the near-future of education technology. And “free” doesn’t last.

Pearson 145

Pearson MOOC Company Software 145

Hack Education

MARCH 3, 2017

” Reminder: here are the education companies Palantir founder Peter Thiel has invested in. Via Edsurge : “What Colleges Should Know About A Growing ‘ Talent Strategy ’ Push By Companies.” Via eCampus News : “Is higher ed ready for the big edtech explosion ?” ” asks Education Week.

Education 40

Education MOOC Company Pearson 40

Hack Education

OCTOBER 5, 2018

Each week, I gather a wide variety of links to education and education technology articles. ” Via Inside Higher Ed : “Colleges Use Technology to Help Students Manage Mental Health.” Via The Atlantic : “ Police-Grade Surveillance Technology Comes to the Playground.” Sometimes I write a few comments.

Education 49

Education MOOC Company Chegg 49