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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

Publicly traded education technology companies are rare. as the remaining trio of prominent edtech companies on the U.S. CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. At the top of the iceberg, above the water, are the public companies, and that’s pretty limited.

Company 159
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‘Faculty Information System’ Developer, Interfolio Acquired for $110M+

Edsurge

based Interfolio aims to help simplify the workflow for faculty with software it dubs “faculty information systems.” And the idea has caught the attention of investors: Insight Venture Partners is slated to acquire the DC company for more than $110 million, the Washington Business Journal reports. Washington D.C.-based

System 101
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Outschool Is In, Raising $45M to Beam Live, Small-Group Classes to Homes

Edsurge

But now, with much of regular schooling happening in homes, the company has seen a dramatic expansion of its audience. To date, the company has raised $55 million. In the edtech industry, venture capital flows where business grows, and that’s been the case for the San Francisco-based company.

Groups 171
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The Past Decade Forecasts a New Wave of Economic Opportunity in Education

Edsurge

To date, our education systems sit atop a cultural assumption—that information is scarce. But computing power, device adoption, pervasive broadband and exponentially networked collaboration platforms of the past decade have already moved us to a world of information abundance. Distance reduction allow companies to compete worldwide.

Udemy 134
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US Edtech Raises $803M in First Half of 2020 As COVID-19 Forces Learning Online

Edsurge

“With COVID-19 jeopardizing in-school learning, we expect the widespread adoption of edtech software to continue, and this is not a short-term trend,” says Jeff Lieberman, a managing director at Insight Partners, a private equity firm that has backed nearly two dozen education companies. In the first half of 2020, U.S.

EdTech 184
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Gale Receives Platinum and Gold in 2023 Modern Library Awards from LibraryWorks for the Second Consecutive

eSchool News

–MLA judge Gale Presents: Udemy (gold award) : Public libraries can connect patrons to nearly 20,000 on-demand video courses for upskilling or reskilling in business, technology, and personal development. We love Udemy and recommend it highly…Our library patrons appreciate the diversity of classes that are offered.

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Gale Receives Platinum and Gold in 2023 Modern Library Awards from LibraryWorks for the Second Consecutive

eSchool News

–MLA judge Gale Presents: Udemy (gold award) : Public libraries can connect patrons to nearly 20,000 on-demand video courses for upskilling or reskilling in business, technology, and personal development. We love Udemy and recommend it highly…Our library patrons appreciate the diversity of classes that are offered.