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

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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. Educators have appreciated their work. Ramireze said.

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This Edtech Critic Was Supposed to Become a Bridge Between Educators and Edtech. How Is It Going?

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But if they want to thrive, both groups might need to learn to meet each other’s gaze. To compete, companies will have to “relentlessly” focus on learning outcomes, just as educational institutions will have to focus on the business outcomes of their institution, Chou said. The companies note that they forbid cheating.)

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The Pandemic Is Changing How Colleges Offer Tutoring. Will Students Use It?

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During the past two years of the COVID-19 crisis, there has been a spike in student use of so-called homework help websites —including Chegg and Course Hero—which market themselves as providing study aids but which many professors see as designed to aid student cheating. They’re the best advertisement you can ever ask for."

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Course Hero Adds $70 Million to Series B Fundraise

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As it turns out, the company wasn’t done fundraising. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. Companies like Coursera, which helps universities build and access online courses, have ridden the momentum from new registrations to secure a $130 million investment in July.

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How Merger of Two Textbook Giants Could Impact Course Materials

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That appears to be the hope of officials at the two companies, which have both been trying for years to shift the focus of their businesses from selling print books to shipping software and other online tools, and have recently been experimenting with subscription models. It won’t be that complicated,” he said.

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

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These meetings, she says, inform how they interact with entrepreneurs. 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.)

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Hack Education Weekly News

Hack Education

” Via The New York Times : “ Kushner ’s Family Business Received Loans After White House Meetings.” ” (I’m including this here because all of these entities – Kushner’s family, the companies he received loans from – have education investments too.). Meritize has raised $6.8