Mark Cuban, ECMC Lead $1.8M Round for Cluster to Develop Industrial Tech Talent

Edsurge

Other investors include education technology executives, like Penn Foster CEO Frank Britt and Chegg CEO Dan Rosensweig, along with Zynga founder Mark Pincus and Flatiron Health CEO, Nat Turner. The new roles require new digital skills—with design tools like Siemens NX and CATIA, and companies struggle to find qualified candidates, according to Cluster’s founder and CEO, Kim Taylor. The company is based in Los Angeles, home to many of these companies.

Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

edtech companies last year, the dollars returned with a fury during the first six months of 2017. Company. Several private-equity-backed companies have invested heavily in the “platform” approach. PowerSchool, owned by Vista Equity Partners, has acquired eight companies since June 2015. The strategy has worked for a few older companies: Kaplan, for instance, began in the test-prep business and has since moved into higher education, corporate training (and a.

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Stale Words and Hackneyed Ideas That Make Edtech Investors Cringe

Edsurge

Bloomz , ClassDojo , Remind ), established companies ( SchoolMessenger ), and other deep pocket players from learning management system providers that already boast significant traction here. Do you know what company is “Facebook for country X?” This means that customer acquisition is challenging and your company’s revenue model has to be rich enough to support it. Chegg (or Amazon for that matter)? Kaplan , Princeton Review , Tutor.com … the list goes on and on.

Hack Education Weekly News

Hack Education

” Also Facebook ’s DC lobbyist, Joel Kaplan, who was sitting right behind Kavanaugh as he screamed at Senators. “ 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. The learn-to-code company has raised $6.9

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Hack Education Weekly News

Hack Education

Via The Wall Street Journal : “ California plans to sue one of the nation’s largest student loan companies.” ” That’s Kaplan , in case you can’t keep all these for-profit disasters straight. Speaking of terrible ideas taken up by terrible people and terrible companies, Andrew Ng – yes, of MOOC fame – says that we should be less concerned with making self-driving cars safe and more committed to training bystanders (pedestrians?

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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.” “ Purdue-Kaplan online university one step closer to reality,” the Journal & Courier reports. The Chan Zuckerberg Initiative ’s CTO, Brian Pinkerton , is leaving the company. ” The Chronicle of Higher Education on Elsevier “becoming a data company.” The company has $8.3 (National) Education Politics.