K-12 Dealmaking: Chegg Acquires Easy Solutions; Age of Learning Raises $150 Million

Marketplace K-12

The month of May kicked off with a significant number of deals in the ed-tech sector, including acquisitions by Chegg and ACT, Inc. In addition, several companies, including Age of Learning, CodeCombat and GotIt!, Chegg Acquires Imagine Easy Solutions: The learning platform provider has acquired Imagine Easy Solutions , the provider of EasyBib.com and other writing tools, for approximately $42 million in an all-cash transaction, Santa Clara, Calif.-based

Chegg 40

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. That feature is a far evolution from the company’s humble beginnings in Washington University, where Cohn started the business as a student in 2007. Tutoring is big business.

Chegg 76

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

Edsurge

It’s out of the ordinary when Nearpod buys a company. The Brooklyn-based company best known for fusing hip hop with educational content in music videos and instructional activities, has been acquired by Nearpod , which helps educators beam digital content to students’ devices.

Chegg 159

Students, celebrities connect for tutoring

eSchool News

Students will have the chance to connect directly with celebrities in one-on-one tutoring sessions through Chegg Tutors: VIP Edition. All tutoring sessions will take place this fall through Chegg’s online tutoring platform, Chegg Tutors.

Chegg 105

EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

Edsurge

Cheating on Chegg? How the Company Aims to Catch Tutoring Requests That Go Too Far. It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help. Here’s a look at how the education company is responding. In 2016, the company reported its largest loss in its history, down $3.3 Here’s what’s next for the world’s largest education company, according to its CEO John Fallon.

Chegg 106

Where in the World Is Planet3? An Educational Gaming CEO Seeks His Second Act

Edsurge

But at an all-hands meeting at the company’s Washington, D.C. Some employees hoped the company could turn around and stayed on without pay. “We Esther Wojcicki, the esteemed journalism teacher at Palo Alto High School, joined in 2016 as the company’s chief learning officer.

Chegg 102

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. K-12 content libraries usually contain thousands of learning resources like videos, short knowledge nuggets etc. Increase in Textbook Prices Over the Years. It is believed that textbook prices have skyrocketed over the last few years.

OER 64

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. And with additional features like audio and video resources, different assessment techniques and other elements like a bookmark, search feature, page curl, etc.,

Hack Education Weekly News

Hack Education

” Via NPR : “ Texas High Schools To Require Police Interaction Education Video.” Doesn’t look like the company has anyone to take his place yet. Instead, the company handed him a $90 million exit package, paid in installments of about $2 million a month for four years, said two people with knowledge of the terms.” It’s a rot at the very core of the company’s leadership team. The learn-to-code company has raised $4.6

Chegg 63

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.

Chegg 53

Hack Education Weekly News

Hack Education

A video went viral; Pruitt has since resigned. Via The Wall Street Journal : “ California plans to sue one of the nation’s largest student loan companies.” Speaking of terrible ideas taken up by terrible people and terrible companies, Andrew Ng – yes, of MOOC fame – says that we should be less concerned with making self-driving cars safe and more committed to training bystanders (pedestrians?

Chegg 53

Hack Education Weekly News

Hack Education

Via Forbes : “The Startup President: How France ’s Macron Nearly Built An EdTech Company.” ” Ed-tech: where you don’t need an actual product idea for a company, and you can incubate your neoliberalism anyway. But they’re connected to the new Woz U and a web of for-profit companies – raising questions of conflict of interest and legal compliance.” So many people predicting this company would disrupt higher ed.

Chegg 57

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

5 Ed-Tech Ideas Face The Chronicle’s Version of ‘Shark Tank’

Wired Campus

In the TV series Shark Tank, entrepreneurs with budding companies pitch their ideas to a panel of investors who ask probing questions and then decide whether to back the proposals. Our sharks were Goldie Blumenstyk, a senior writer at The Chronicle; Jason Jones, a co-editor of the ProfHacker blog and director of educational technology at Trinity College, in Connecticut; and Paul Freedman, founder of Entangled Ventures, an education-technology company.

Chegg 37