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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

Edsurge

For instance, education companies that rely on corporate customers may take a hit, as those clients look to cut costs. Many schools, parents and students are realizing that you can’t just press a button and learn.” Chegg The bottom line: Chegg’s first quarter delighted investors. at Tuesday’s close. What’s ahead?

Company 107
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Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab

Edsurge

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 68
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Why I'm Still Bullish About the State of Edtech

Edsurge

This year’s 1 3th edition will swamp San Diego’s waterfront for four days and feature 1,000 speakers, including Thomas Friedman and Margaret Atwood, plus the buzziest for-profit companies in our industry. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

EdTech 182
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Springboard Raises $11 Million to Expand Mentor-Driven Coding Bootcamps

Edsurge

He spent about three months of 2019 learning to design programs. The San Francisco-based company has plans to reach more learners now that it’s raised an $11 million post-Series A financing round. Costanoa Ventures, Learn Capital and Blue Fog Capital participated. He isn’t the only person to give Springboard a stamp of approval.

Pearson 83
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Look Who’s Talking—Michael Trucano from the Brookings Institution on AI in education

eSchool News

Discover the future of learning in the AI age and gain insights into the innovative solutions reshaping classrooms.” I mean, I get, you know, pitch decks from companies. We’ve had a promise for personalized learning for the last, I don’t know 3 decades and this is I think the next the big maybe potentially step change.

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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.” Via Inside Higher Ed : “ Pearson today signaled an increased focus on artificial intelligence and personalized learning with the appointment of former Intel executive Milena Marinova.”

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last. Textbook Publishers vs. Boundless.

Pearson 145