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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

Edsurge

Money has flowed into the edtech sector over the last twelve months. Unlike other edtech startups seemingly on the fast track to big checks, Codecademy has been in the business for over a decade. The deal with Owl Ventures, one of the largest edtech-focused venture funds , appears to tick all of these boxes.

Chegg 162
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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

Edsurge

Byju’s claims its online learning app, which offers instructional videos, live classes and practice questions, is now used by more than 57 million students. as education companies are expanding their services to reach parents and students at home, especially as remote learning may continue into the new school year.

EdTech 138
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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

Edsurge

Chegg The bottom line: Chegg’s first quarter delighted investors. Fueling that growth is Chegg Services, which brought in just over $100 million in revenue last quarter, a 33 percent increase over Q1 2019. The company also owns an online coding bootcamp, Thinkful, which it acquired for $80 million last year.

Company 116
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EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

Edsurge

That’s why we’ve also highlighted a few here that we don’t want you to miss, from complicated community college turnarounds to where IKEA and edtech overlap. Massive open online course providers gained momentum and attention by claiming to offer a free alternative to traditional degrees. Cheating on Chegg? Persuasive Design.

MOOC 122
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Hack Education Weekly News

Hack Education

Via Forbes : “The Startup President: How France ’s Macron Nearly Built An EdTech Company.” “Free College” Via Edsurge : “For Free Community College , Online Learning Isn’t Always Part of the Recipe for Success.” Chegg has acquired WriteLab for $15 million.

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Kno was headed by Osman Rashid, the co-founder of the textbook rental company Chegg, and the tablet was aimed at the college market. In September 2010, Techcrunch founder Mike Arrington announced that Kno had raised $46 million from Andreessen-Horowitz and other investors. Common Core State Standards.

Pearson 145