Edsurge
FEBRUARY 1, 2021
Being nerdy pays off, and soon there will be another education technology company on the public market. Nerdy, the parent company of Varsity Tutors , an online tutoring platform, will be acquired by TPG Pace Tech Opportunities, a special purpose acquisition company. These include Adit EdTech Acquisition Corp.
Edsurge
NOVEMBER 9, 2016
New Markets has supported 43 companies since its launch in 2003; edtech startups make more than 90 percent of its deals in the past five years, Palmer adds. Part of the new fund will also be used for what Palmer calls “recapitalization,” a scenario that companies want to avoid. He wisely kept mum on who they are.). (He
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eSchool News
FEBRUARY 10, 2021
SplashLearn, the US-headquartered learning company began 2021 on a high note raising $18 million in Series C funding round led by Owl Ventures. San Francisco based Owl Ventures is the largest edtech sector-focused venture capital firm in the world. Accel, who earlier invested $7 million in Series B, also participated in this round.
Edsurge
JANUARY 10, 2017
billion purchase of Lynda.com and Instructure’s initial public offering, both of which took place in 2015. These statistics offer a somber reminder that the edtech industry does not produce quick, home run hits. Other EdSurge stories about edtech venture capital. 2016 US Edtech Funding Totals $1 Billion.
Edsurge
FEBRUARY 4, 2019
The company’s latest deal involves something a little bit more invisible and behind the scenes, but what it calls “one of the most powerful tools we have in modern education.” That tool is data, and it marks the focus of Microsoft’s first edtech acquisition of 2019: DataSense , a data management platform developed by Brightbytes.
Edsurge
SEPTEMBER 22, 2016
If that offering sounds like what one might find on Lynda.com, which LinkedIn acquired 18 months ago. The new product, LinkedIn Learning , includes all 5,000 courses published on Lynda.com, and any new courses created will be published on both platforms. The company, which is in the midst of being. acquired by Microsoft for $26.2
Edsurge
NOVEMBER 6, 2017
“Businesses today have to be more agile and have to be able to pivot—access to content needs to be very rapid,” says Lori Bradley, executive vice president for global talent management at PVH Corp, a publicly- traded fashion and apparel company with 35,000 employees. According to the Association for Talent Development, U.S.
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