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

Edsurge

It’s out of the ordinary when Nearpod buys a company. Today it’s adding Flocabulary, to bring hip hop to the library. Combined, the two companies claim they will reach more than 7 million U.S. He signed the latter, a deal that would have netted the company over $10 million.

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Gig’s Up: CreatorUp Raises $1 Million to Train and Match Creative Professionals for Work

Edsurge

This is the first round of funding for the Los Angeles-based company, which has been bootstrapped since its founding in 2013. CreatorUp is a digital media studio and training company with an educational program to train aspiring creative professionals in business and digital production.

Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

Edsurge

higher education courseware in 2015, down from 50 percent the year before, according to a 2018 report from Macquarie, an investment bank and financial services company. The company has invested in a partner rental program that should reach 400 titles in the second half of this year.

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How Merger of Two Textbook Giants Could Impact Course Materials

Edsurge

The announced merger this week between two of the world’s largest textbook publishers—McGraw-Hill and Cengage—could mean more students end up buying subscriptions to digital courseware libraries each semester, rather than making a trip to a bookstore.

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Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

Edsurge

Investing is humbling because we inevitably miss out on or pass on companies that go on to achieve great success in realizing their mission. It brought over the companies from the Seed Fund into its portfolio as well, and re-invested in 14 of them.) Since then, Reach’s focus has broadened, investing in early-stage companies building tools to support early-childhood education, postsecondary institutions and adult professional development. WriteLab (Chegg).

Can Technology in the Classroom Replace Expensive Textbooks

Kitaboo on EdTech

Cengage recently introduced a new subscription model that gives students access to all of the company’s digital course materials for a semester or an year. Similarly, Pearson has made some of its textbooks available for rent through Chegg. Provide Access to K-12 Libraries. Instead of buying ten different supplementary learning materials for different subjects, students can make use of K-12 libraries, where all learning resources are stored.

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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.” The Chan Zuckerberg Initiative ’s CTO, Brian Pinkerton , is leaving the company. Jen Howard on “What Happened to Google’s Effort to Scan Millions of University Library Books ?” ” The Chronicle of Higher Education on Elsevier “becoming a data company.” The company has $8.3 (National) Education Politics.

Hack Education Weekly News

Hack Education

” (Did you know he recorded his first mixtape at the Chicago Public Library’s YOUmedia studio ?). ” 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.” Amazon Web Services suffered a major outage this week, knocking many education companies who use AWS offline. Education Politics.

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Hack Education Weekly News

Hack Education

” Pearson and Chegg are partnering for textbook rentals. The private student loan company has raised $50 million total, but I’m told “fintech” doesn’t “count” as ed-tech so let’s just ignore this trend, right? The adaptive learning company has raised $16 million total. The learn-to-code company has raised $1.19 TakeLessons has acquired digital sheet music company Chromatik. Education Politics.

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