More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

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In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. Louis-based company’s $50 million Series B round, which closed in November 2015. Already boasting 4,000 tutors covering 1,000 subjects, the company is on the hunt for more teachers. Among the goals of the fundraise is to add more topics and experts available for its instant tutoring mobile app, which promises to match a learner with an expert within 15 seconds.

K12 Eyes Further Deals After $165M Acquisition of Coding Bootcamp Galvanize

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Another bootcamp has been gobbled up by an education technology company looking to break into the corporate learning and career readiness market. million in cash, plus some stock, for Fullstack Academy, and Chegg’s Thinkful purchase for $80 million.

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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

Companies like Chegg, eFollett, and BookRenter are offering new textbooks on rent for less than the price of a used book. Today, a lot of companies offer subscription-based services. Introduce eLearning Apps: Mobile apps have seen a surge in recent years. Kitaboo is a cloud-based content platform to create-publish-distribute interactive mobile-ready content.

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. Kitaboo is a cloud-based content platform to create-publish-distribute interactive mobile-ready content. Increase in Textbook Prices Over the Years. It is believed that textbook prices have skyrocketed over the last few years.

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Stale Words and Hackneyed Ideas That Make Edtech Investors Cringe

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Hint: “It’s mobile,” “We have a better UI,” and “It’s for millennials” are not the answers. Student engagement and retention mobile apps. 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?” It’s mobile,” “We have a better UI,” and “It’s for millennials” are not the answers.

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The 100 Worst Ed-Tech Debacles of the Decade

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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. (It’s

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. The Wall Street Journal predicts “The End of Typing: The Next Billion Mobile Users Will Rely on Video and Voice.” ” The Chronicle of Higher Education on Elsevier “becoming a data company.” The company has $8.3

Hack Education Weekly News

Hack Education

Online Education and the Once and Future “MOOC” Via the Coursera blog : “New mobile features: Transcripts, notes, and reminders.” ” 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.

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