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

Edsurge

Publicly traded education technology companies are rare. Soon, there will be one fewer after tech training provider Pluralsight gets taken private later this year. That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. public market.

Company 159
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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. The Ingram deal was framed as part of Chegg’s strategy to 100 percent digital revenue.

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Cheating on Chegg? Maybe Not on Its Tutoring Platform

Edsurge

That’s an example of a request that can be found on online tutoring services like Chegg, as shared by a senior data scientist at the company, Sanghamitra Deb. Yet this is the kind of “help” that Chegg’s tutoring service can sometimes be used for. based company wants to thwart. And it’s what the Santa Clara, Calif.-based

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

Edsurge

And its announcement of a $40 million Series D round, led by Owl Ventures, is recognition of years of growth at the forefront of programming education. Founded in 2011, the New York-based company has built a hugely popular training platform that has helped millions of students learn to code over the last decade.

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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

Edsurge

It’s often said that education is counter-cyclical to the market, especially during times of economic downturns. But not all sectors of the market follow that rule, says Jeff Silber, a managing director at BMO Capital Markets who follows the education industry. Chegg The bottom line: Chegg’s first quarter delighted investors.

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Platzi Raises $6 Million to Bring More Online Education to Latin America

Edsurge

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.

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Why I'm Still Bullish About the State of Edtech

Edsurge

In the next few days, thousands of edtech entrepreneurs, investors, educators and policymakers will flood a hotel in San Diego to attend the Mecca of Education Innovation Optimism known as ASU GSV. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

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