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

Edsurge

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.

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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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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.

Stale Words and Hackneyed Ideas That Make Edtech Investors Cringe

Edsurge

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.

Hack Education Weekly News

Hack Education

” Via Education Week : “Security Companies Sell School ‘Hardening’ as Mass-Shooting Solution.” ” Via MyNDNow.com : “ Iowa company donates AR–15s to be placed in Bismarck schools.” “Online education unicorn Udacity has quietly laid off 5% of staff – at least 25 people – since August,” says Techcrunch , proving that “ unicorn ” is really a meaningless label for tech companies.

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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. 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