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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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Another problem with shifting education online: cheating

The Hechinger Report

Proctors — remote monitors some schools have hired to watch test-takers through their webcams — discovered by reviewing video recordings that this same person had taken tests for at least a dozen different students enrolled at seven universities across the country. This story also appeared in The Washington Post. He was a plant. An imposter.

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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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Top EdSurge Higher Education Stories of 2021

Edsurge

Unsurprisingly, the pandemic featured prominently in the higher education stories most popular with EdSurge readers last year. 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. By Jeffrey R.

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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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That’s a Rap! Nearpod Buys Educational Hip Hop Creator, Flocabulary

Edsurge

It’s out of the ordinary when Nearpod buys a company. The Brooklyn-based company best known for fusing hip hop with educational content in music videos and instructional activities, has been acquired by Nearpod , which helps educators beam digital content to students’ devices. We asked, but he declined.)

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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. Terms of the deal were not disclosed.

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