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. In addition, Larry Illg, CEO of Naspers Ventures, is joining Udemy’s Board of Directors.

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The Importance of Granular Learning Analytics to Micro-Learning Providers

Management and Strategy issues in DIGITAL HIGHER E

Companies like Udemy, Udacity, Codecademy, Fulbridge and General Assembly appear to be settling in for the long run and are expected to be a significant component of the expanding learning eco-system for adults. The growth of alternative education and training providers continues.

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Schools aren’t preparing freelancers and entrepreneurs

Dangerously Irrelevant

Dennis Yang, CEO of Udemy, notes that. In short, as more companies choose to depend on contract workers for key parts of their business, those freelancers will see increasing competition for those gigs and, therefore, more pressure to differentiate themselves and their skills.

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Bigger Deals, Bigger Bets: EdTech Venture Funding Trends Continue in 2018

EdNews Daily

The key difference in the past few years, however, has been larger funding rounds and valuations across a fewer number of EdTech companies. EdTech unicorns, companies that have reached billion-dollar valuations prior to an IPO, are prominent in the United States and also China.

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Can a Subscription Model Work for Online Learners and Teachers? Skillshare Just Raised $28M to Find Out

Edsurge

Investors who are fond of analogies and comparisons to consumer technology successes are betting on one New York City-based company to find out. A couple years later, the company pivoted to becoming a subscription model for online courses, which today cover topics ranging from arts and design to business, technology and everyday hobbies for adult learners. The company claims that the average Skillshare teacher makes about $3,000 a year, with top earners raking in as much as $40,000.

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

Edsurge

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. The company also offers a subscription-based job search and application tool called Dossier where faculty can search for job openings, grants, store letters of recommendation and other. Insight, which is headquartered in New York, has invested in at least 300 companies around the globe.

K-12 Dealmaking: Kaplan Launches New Practice in U.S.; BoomStartup Taking Ed Tech Accelerator Applications

Marketplace K-12

million to Ellevation , a company focused on building the skills of English-language learners. Here’s a roundup of the past week’s activity: Udemy Acquires Talentbuddy. Udemy, a San Francisco-based online provider of courses, acquired Talentbuddy , a platform for programmers and others to acquire skills. Udemy boasts that it offers 40,000 courses in 190 countries, with more than 10 million students enrolled.

The Business of Ed-Tech: 2017 So Far

Hack Education

And indeed, according to my calculations too, the amount of money invested in education technology companies is up from this time last year and up from this time in 2015 as well. So far this year, there have been 95 investments in ed-tech companies, totaling $1.8

8th Annual EdmodoCon Connects Educators with Innovative Resources and Ideas from Around the Globe

techlearning

Luis Pinto, Director of Global Business Development for Government at Udemy; and ?Inspiring The company is headquartered in San Mateo, Calif.

Ka’Ching! 2016 US Edtech Funding Totals $1 Billion

Edsurge

edtech companies, which altogether raised an estimated $1.03 edtech companies raised roughly 57 percent of what Snapchat did in its $1.8 In this annual analysis, EdSurge counts all investments in technology companies whose primary purpose is to improve learning outcomes for all learners, regardless of age. There’s a broader shift in venture capital where there’s less exuberance companies that haven’t really nailed the business model,” he tells EdSurge.

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?Filling the Other Skills Gap

Edsurge

And in the market of companies tackling the infamous employment gap between willing workers and open jobs, this maxim appears correct. The collection of edtech companies aimed at prepping educated, but still underprepared workers represents a virtual stampede of unicorns. The likes of Coursera, Udacity, Udemy, MasterClass, Lynda, and Pluralsight have together raised more than $1 billion and represent combined enterprise value of more than $5 billion.

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Global Investors Launch New Edtech Funds: Exceed Capital and HighGrade Ventures

Edsurge

Exceed will focus on making investments for companies in the “growth equity” stages, says Hu, which generally translates to those that have enough traction and revenue to raise Series B rounds and beyond. The group will invest up to $20 million initially in each company, with additional capital reserved if subsequent rounds are raised. Others CEOs on the advisory board include Chip Paucek (2U), Tom Davidson (EVERFI) and Dennis Yang (former chief of Udemy).

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Why We Don't Need a 'Netflix for Education'

Edsurge

If the views expressed by leading edtech companies are any indication, the race to become the first 'Netflix of Education' is gathering steam. Comments from both established learning companies like McGraw-Hill , as well as more recent entrants like D2L and Udemy , reveal a strong push among edtech companies seeking to position themselves as "education's answer to Netflix." One feature of Netflix in particular seems to have captured the imagination of edtech companies.

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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. Its founder, Elizabeth Holmes, dropped out of Stanford to start the company when she was just 19. The companies that raised the most money this year: BYJU’s (tutoring): $540 million.

K-12 Dealmaking: Schoold Rakes in New Funding; Quad-C Acquires Rainbow Early Education

Marketplace K-12

Additionally, two coding education companies raised money. The total amount raised will be used to extend and introduce new core functionality to the Schoold app in advance of the fall college application season, the company said in a statement. ” Earlier this year, the company closed a seed round of approximately $4.5 Naspers most recently invested $60 million in Udemy , a San Francisco-based provider of online courses.

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Online Education: Will it Make Us Smarter? #SXSWedu

EdTechSandyK

All of the panelists are from companies that connect teachers directly to students. Udemy - 80% male because focuses on tech space. A: Udemy has a few professors who use their online courses as part of blended learning. If company receives a DMCA notice they remove the content. Q: How do you avoid mistakes in growing your company? Notes from panel discussion at SXSWedu. link] Predictions are 1/2 of higher Ed will be online in the next 10 years.

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?The Future of Online Learning Is Offline: What Strava Can Teach Digital Course Designers

Edsurge

Quickly I found that even as I logged runs on Strava daily, I struggled to find the time to log into platforms like Coursera, Udemy or Udacity to finish courses produced by my fellow instructional designers. A few companies are heading that way. Strava is a fitness app that allows people to log and upload their runs, bike rides, swims and other fitness activities. Using GPS data, a runner can track her route and pace, and then share the activity with friends.

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Saddle Up for Silicon Slopes! Our Guide to the 2017 ASU+GSV Summit

Edsurge

The region boasts an unusual concentration of highly-valued tech startups—Domo, Qualtrics and Inside Sales are among them—along with big education companies, including Instructure, the developer of the Canvas learning management system. Missionaries also hone a valuable skill for any tech company looking to grow: communication. Polish the dress shoes. Stiffen those shirt collars.

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K-12 Dealmaking: Barnes & Noble Ed. Acquires LoudCloud; Volley Labs Raises $2.3 Million

Marketplace K-12

In addition, investment company Weld North Holdings acquired Performance Matters , a student assessment and data-analytics company that it will merge with K-12 ed-tech business Truenorthlogic, which provides data on teachers’ performance and tracks their professional development. Disclosed angel investors include executives from Apple, Dropbox, Blackboard, and Udemy, according to various news reports.

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How to share your teaching expertise and get paid for it

The Cornerstone Blog

There are companies and organizations that pay teachers to do this on a part time or full time basis for them –you just have to look online at the job openings in your area. EP 23: Looking to earn extra money this summer?

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The Business of Education Technology

Hack Education

Bust or not, companies across the tech sector, particularly those with high “burn rates” , faced tough choices in 2016: “cut costs drastically to become self-sustaining, or seek additional capital on ever-more-onerous terms,” as The WSJ put it – that is, if they were able to raise additional capital at all. The CEO of Safari Books left the company “ amidst massive layoffs.” These companies almost all share the same investors too.

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.” ” Via The Washington Post : “ Justice Department is investigating whether a for-profit college company violated federal financial aid rules.” ” The company in question: Bridgepoint Education , which owns Ashford University and the University of the Rockies.

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The Business of 'Ed-Tech Trends'

Hack Education

Tom Webster, the VP of strategy at the market research firm Edison Research, argued that the report should be viewed as “an extremely effective piece of content marketing,” pointing to the number of slides that cite data about or by a portfolio company of Meeker’s employer, the venture capital firm Kleiner Perkins Smith Caulfield. “Why are there 72 slides about gaming, from a company invested in EA, Zynga, Mobcrush, and Magic Leap?”

Hack Education Weekly News

Hack Education

Lots of reporting on various court filings in the Trump University case, particularly those about the company’s “ playbooks ” detailing how former employees sold its course packages, targeting vulnerable populations. ” Via The Baltimore Sun : “Company says it can predict whether a teacher will be good – before entering a classroom.” Udemy, which offers a marketplace for online classes, has raised $173 million total.

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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. The “personalized learning” company has raised $6.8 Education Politics.

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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. ” Not sure why these are the four, but there you go: Udemy , Lynda , Coursera , and Skillshare. (National) Education Politics.

Hack Education Weekly News

Hack Education

Via Inverse : “ Udemy ’s Exodus, Amazon ’s Gain. Steve Dembo recently announced that he’s leaving the company after 10+ years. ” Spoiler alert: loan companies like Sallie Mae , companies that do loan collection for the Department of Education, the Department of Education, private equity funds, for-profit universities. One company not using Amazon to run its computing infrastructure: Blackboard. Education Politics.

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“Today’s child needs more than just a classroom filled with words, textbooks or school politics — they need a classroom that allows their style of learning to develop their understanding of what is around them.” – Jillian Mary Sigamoney, South Africa

Daily Edventures

I went on to develop the ICanLearnProgram as a company that encompassed the idea of developing children in their style of learning, motivating them to learn and inspiring them to be world leaders. I would love to partner with a company like Kano or Microsoft to develop learning in remote areas with apps that enhance learning and development. When children have learning difficulties that aren’t being addressed in the classroom or at home, they often have nowhere to turn.

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Ed Tech News, a New Podcast, and the Hack Education Roundup!

The Learning Revolution Has Begun

Ethics and Legalities The New York Times continues its investigation of education giant Pearson and ethics concerns surrounding lavish trips that the company''s foundation has sponsored for state education officials. Valve , the company behind the video game hit Portal, is working on an educational game. If you haven''t played Portal, you might shrug this off as yet another video game company trying to capitalize on the gaming-in-education craze.