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K-12 Dealmaking: Udemy, Tynker Raise Funds; PeopleAdmin Acquires TeacherMatch

Marketplace K-12

A number of ed-tech companies, including Udemy and Tynker, have raked in funds from investors over the past week. Udemy Raises $60 Million: Udemy , a San Francisco-based online provider of courses, received a $60 million strategic investment from Internet and entertainment group Naspers through its Naspers Ventures division.

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The Business of 'Ed-Tech Trends'

Hack Education

When I first started working as a tech reporter, I assumed – naively – that venture capitalists were smart people who did thorough research before funding a company. I assumed that they looked to see if the company could do what it promised – financially, technologically. One should be conscientious, as such.

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Hack Education Weekly News

Hack Education

Via Edsurge : “As LinkedIn ’s Video Library Grows, Company Says It Has No Plans to Compete With Colleges.” Udemy has a new CEO : “Kevin Johnson, former CEO of EBates, a marketplace for coupons and shopping discount deals.” That’s despite privacy concerns about the company. million total.

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Hack Education Weekly News

Hack Education

.” Try learning styles, maybe. “ What We Learned From Talking with 100 MOOC Students ” by Justin Reich (and George Veletsianos and Laura Pasquini). Via Inverse : “ Udemy ’s Exodus, Amazon ’s Gain. Steve Dembo recently announced that he’s leaving the company after 10+ years.

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Hack Education Weekly News

Hack Education

An ex-Corinthian student is filing a federal class-action lawsuit against the firms that now own the private loans, as well as a collection company seeking to recoup the debt from borrowers.” ” The company in question: Bridgepoint Education , which owns Ashford University and the University of the Rockies. ” Hooray.

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Hack Education Weekly News

Hack Education

” Via The New York Times : “DeVos Abandons Plan to Allow One Company to Service Federal Student Loans.” Buzzfeed’s Molly Hensley-Clancy looks at the acquisition of EDMC – the parent company of the Art Institutes chain – by The Dream Center Foundation , a network of Christian missionary centers.