EdTech Pioneer Flocabulary Taps Seasoned Leader

techlearning

Before joining Flocabulary, he served as longtime COO and General Manager at BrainPOP, Interim President at Achieve3000, and as Executive Director of Operations at Kaplan Test Prep.

New Markets Venture Partner’s Latest Edtech Fund Closes at $68 Million

Edsurge

And according to Palmer’s research, 21 of the 23 largest exits in the edtech industry have come from companies based outside of New York or the San Francisco Bay Area. It also gives the foundation a lens into the challenging realities of the edtech startup ecosystem. New Markets’ Market Forecast Over the years, New Markets’ Palmer, whose career includes stints at Microsoft, Kaplan and the Gates Foundation, has learned to read market cues from federal legislation.

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Stale Words and Hackneyed Ideas That Make Edtech Investors Cringe

Edsurge

Dreamit Edtech network to get their “lemon lists” of concepts, statements, and business models that edtech entrepreneurs may want to think twice—or thrice—about. Kaplan , Princeton Review , Tutor.com … the list goes on and on. So now that you know how to make an edtech investor cringe… please don’t. Education Technology Investors Edtech Business

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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

edtech companies last year, the dollars returned with a fury during the first six months of 2017. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). The strategy has worked for a few older companies: Kaplan, for instance, began in the test-prep business and has since moved into higher education, corporate training (and a. Home-run bets and financial windfalls are rare in the edtech industry. The bull is back—or is it?

New Markets Venture Partners Adds $30 Million, Former Gates Foundation Executive to Edtech Fund

Edsurge

His career also includes stops at Microsoft, Schoolnet and Kaplan. 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. Investments in edtech companies in 2016 totalled $945 million, according to estimates from GSV Capital, less than half of the $2 billion tally last year. He expects to see media companies play a bigger role in snapping up promising edtech startups.

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Unable to ‘Reach a Sustainable Business Model,’ Dev Bootcamp Will Shut Down in December

Edsurge

acquisition by Kaplan in 2014. It appears that the Kaplan ownership did not stave off the financial concerns for long. But actually, to the contrary, we would have closed much earlier without Kaplan's support. Kaplan bought us time. — Education Technology Enterprises Edtech Business

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Why I’m Optimistic About the Next Wave of Education Technology

Edsurge

Although the pessimists correctly observe that many questionable edtech startups have been over-funded and over-hyped these past few years (and some of the biggest are likely to crash to Earth in the near future), it’s simultaneously true that the next decade is likely to see the birth and growth of some of the most transformative education companies of this century. More than 80 percent of the edtech startups created in the past five years will not survive through 2020.

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Using Augmented Reality for Engaging Learning Experiences

edWeb.net

This broadcast was hosted by edWeb.net and sponsored by Kaplan Early Learning. Kaplan Early Learning Company is a leading international provider of products and services that enhance children’s learning. edWeb Blog augmented reality early learning edtech

?Another Major Coding Bootcamp, Iron Yard, Announces Closure

Edsurge

Dev Bootcamp, a Kaplan-owned coding bootcamp pioneer, announced last week that it will be closing its doors in December. Education Technology Enterprises Edtech BusinessThe Iron Yard, a Greenville, S.C.-based based coding bootcamp, is closing up shop. The school wrote in a blog post today that it will be ceasing operations at all of its 15 campuses around the U.S. after its current 12-week session finishes. “In

Many Online Education Marketplaces Have Sputtered. Will Quizlet’s Pass the Test?

Edsurge

So far 30 such content creators have been green-lighted, ranging from high-school teachers and college professors, to brand-name publishers including Kaplan, Penguin Random House, Oxford University Press and Pearson, which is selling a handful of English vocabulary materials. Today, the graveyard of K-12 edtech marketplaces is littered with stalled attempts, many from companies that are no longer around. Education Technology Startups Edtech BusinessContent may be king.

A Welder of Digital Curriculum Companies Buys Its Latest

Edsurge

He ran Kaplan as its CEO from 1994 to 2008, during which he oversaw 67 acquisitions and more than doubled the company’s revenue—to nearly $2 billion —by the time he left. The Kaplan Connection With Glynlyon under its fold, Grayer claims that Weld North Education’s suite of tools will reach more than 6 million U.S. Coincidentally, all three competitors are currently run by CEOs who previously worked at Kaplan, he noted.

Coding Startup Treehouse Trims Staff to ‘Cross the Chasm to Profitability’

Edsurge

It last raised $7 million in a Series B round led by Kaplan Ventures. Education Technology Startups Edtech BusinessJust as plants are pruned to support longer, healthier lives, Treehouse , an online coding education startup, is trimming down. Today, the Portland, Ore.-based based company laid off 22 of its 104 employees, amounting to 21 percent of its team. The company offers online courses in business, design and web and mobile programming.

After Layoffs, Math Curriculum Developer Reasoning Mind Sells to Weld North Education

Edsurge

Founded by former Kaplan executive Jonathan Grayer, Weld North has purchased 16 companies since 2010. Education Technology Mergers and Acquisitions Edtech BusinessThis week, two online math instructional developers found themselves in the crosshairs of private equity firms. One of these deals made for splashy headlines: Dreambox Learning’s $130 million investment from The Rise Fund. The other slipped by the newswire with little more than a peep.

Silver Lake Acquires Majority Stake in Weld North’s Digital Curriculum Business

Edsurge

The former Kaplan executive, who served as its CEO from 1994 to 2008, oversaw 67 acquisitions that turned the test-prep business into a global education services provider. In 2010, he pooled his own money with KKR, a private equity firm, to launch Weld North , which has since acquired another 16 edtech companies (and invested in 4 others). Currently, he predicts, the financiers in the edtech industry will focus on consolidating revenue-generating businesses.

?Dev Bootcamp Community Reacts to Closure Decision

Edsurge

That was one of the reasons that led to its sale to Kaplan in 2014. John-Michael Murphy had just finished up a long day of assessments on Wednesday evening when he received an email with some unexpected news. His school, Dev Bootcamp, wrote that it would be shutting down about three months after his graduation this summer. “I I was at first shocked, and then felt sad realizing that DBC will no longer be,” Murphy tells EdSurge.

Microcredentials and Macro-dollars: How an Online Ad Led 2U's Chip Paucek to Make a $120M Bet

Edsurge

Even the sale of Kaplan University to Purdue University represents a different competitive approach. I did say to the CEO of Kaplan, who's a good friend, "Welcome to our space." Education Technology Enterprises Edtech BusinessChip Paucek is an entrepreneur’s entrepreneur. After two other startups sputtered, Paucek cofounded and runs 2U, which made its debut on the public market in March 2014. It closed that first day at $13.90 and has since grown to more than $50 a share.

Teachers Are Turning to AI Solutions for Assistance

EdTech Magazine

SIGN UP: Get more news from the EdTech newsletter in your inbox every two weeks! Small and mid-sized districts tend to be the most facile and can move forward quicker,” says Alex Kaplan, global sales leader of IBM Watson Education. “A To get the most out of AI integration, Kaplan emphasizes the need for specific data sets , including grade books and assessments aligned to specific standards. Teachers Are Turning to AI Solutions for Assistance. eli.zimmerman_9856.

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Yes There’s ‘Disruption’ in College Market, But the Bigger Trend Is Growth of ‘Enabler’ Companies

Edsurge

Consider that of the very small number of edtech firms that have successfully gone public over the last decade, two of the recent successes include 2U and Instructure – firms that provide services or technologies for their university partners to deliver their core academic programs. While it is something of an outlier, the r ecent purchase of for-profit Kaplan University by Purdue University is one of the clearest examples of the ascendance of service-oriented enablement businesses.

Ranku Acquired By Wiley to Help Colleges Market Online Degrees

Edsurge

In 2013, co-founders and childhood friends Kim Taylor and Cecilia Retelle started Ranku out of the Kaplan EdTech Accelerator, raising $500,000 in seed funding led by Mark Cuban, GSV and Microsoft Ventures. Seattle-based software company Ranku announced today its acquisition by academic publishing company John Wiley & Sons. Ranku offers a recruitment platform using predictive analytics to help colleges increase online degree enrollment.

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5 Factors Influencing Design in Digital Education (2013)

hem.digital

Edtech vendors are adopting the qualities and characteristics of consumer technologies. Amplify), New York Times (The Learning Network), The Washington Post (Kaplan Inc.),

Higher Ed Has Now Split Into Dual Economies: Online and Traditional

Edsurge

Just the other day, Purdue University, in partnership with Kaplan and edX, announced three new MOOC-based engineering degrees for under $25,000. The university is often portrayed as a place where young men and women loaf freely on a soft, grassy quad under a noble bell tower.

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Education Technology, Betsy DeVos, and the Innovation Gospel

Hack Education

” “Her articulated commitment to trying different approaches to teaching and learning may bode well for the field of edtech,” Penn GSE’s Barbara Kurshan said in Forbes. ” “ Is Your Edtech Product a Refrigerator or Washing Machine? There were many questions about the faculty of Kaplan too – would they become employees of the state of Indiana?

This Year’s ASU+GSV Summit Is Hard to Describe. Here’s Our Best Attempt.

Edsurge

This is the edtech industry’s premier financial conversation, packed with more than 4,100 people and 350 CEOs. It’s led by a tandem of familiar faces in the edtech investing scene: Learn Capital partner-and-everyman Michael Staton, and Don Burton, who has built his own portfolio of dozens of startups through his time running the Kaplan EdTech Accelerator and EDGE Edtech Accelerator. Morning yoga, evening karaoke. No, it’s not a spa vacation.

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Hack Education Weekly News

Hack Education

More on last week’s Purdue and Kaplan deal: “ Purdue ’s deal for Kaplan U trades a long-term business relationship for low up-front costs while raising worries – especially among faculty groups – about blurred lines between public and private higher ed,” Inside Higher Ed reports. ” Via The Chronicle of Higher Education : “There’s a Reason the Purdue - Kaplan Deal Sounds Too Good to Be True.” Education Politics.

SXSWedu 2017: Ones to Watch and What to Know

Edsurge

ESSA: What Edtech Providers Need to Know : Whiteboard Advisors Senior Vice President David DeSchryver and Education Week Senior Editor Sean Cavanagh break down one of the biggest federal education policies to pass in the last decade: the Every Student Succeeds Act (ESSA). DeSchryver and Cavanagh will look at how ESSA is guiding the work of edtech companies now and in the future. How to Best Serve ELLs with Edtech : As the number of English Language Learners (ELL) in the U.S.

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Hack Education Weekly News

Hack Education

” That’s Kaplan University and the Art Institutes. More on the Kaplan news via The Chronicle of Higher Education. “ Edtech CEOs Seek to Change the ‘ Adversarial Narrative ’ With Public School Teachers,” says Edsurge. From the Navitas Ventures’ website : a report on the “ Global EdTech Landscape 3.0 – 15,000 teams building the future of education.” (National) Education Politics.

The BIG MentorMob Playlist of Curation Tools

The Daring Librarian

From their blog: "The MentorMob team will be spending the next 13 weeks in NYC participating in the Kaplan/TechStars EdTech Accelerator Program.

Hack Education Weekly News

Hack Education

Via Edsurge : “ Office of Edtech Wants Help Making Sense of All Those Higher Ed Providers.” ” Via The Conversation : “ Purdue-Kaplan deal blurs lines between for-profit and public colleges.” ” There’s more on the new Kaplan in the accreditation section below. Via Pacific Standard : “ Purdue University Gets the Final Approval on Its Plan to Convert Kaplan Into a Non-Profit College.”

Hack Education Weekly News

Hack Education

Via Inside Higher Ed : “The as-yet unnamed online university resulting from the proposed acquisition of Kaplan University by Purdue University has set discounted tuition rates for in-state students and free tuition for Purdue employees.” Saxberg had previously been the Chief Learning Officer at Kaplan (and Edsurge, when covering the news , fails to disclose its financial ties to Kaplan ). (National) Education Politics.

The Case for Learning Engineers in Education

Edsurge

We can begin to train more people on learning engineering fundamentals, to improve their own decision-making as teachers, teacher-trainers (teachers have minds too, so this is its own learning engineering challenge), purchasing decision-makers, publishers, edtech developers, venture and other funders, philanthropists, policymakers and more. Bror Saxberg is Chief Learning Officer of Kaplan Inc.

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Hack Education Weekly News

Hack Education

Via The Washington Post : “A hiccup in Purdue ’s acquisition of for-profit Kaplan University.” ” Via The Journal & Courier : “Purdue disputes claims Kaplan deal leaves taxpayers on hook.” Edsurge on the Injini ed-tech accelerator in South Africa : “Why the World’s Youngest Continent Got an Edtech Accelerator.” ” “Do You Know the Edtech Adoption Rules in Your State? (National) Education Politics.

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Hack Education Weekly News

Hack Education

” Via Edsurge CEO Betsy Corcoran : “ Edtech Incubators are Fading. million from Draper Richards Kaplan Foundation, the Twilio.org Impact Fund, New York Ventures, Excell Technology Ventures, GingerBread Capital, and u2i. Each week, I gather a wide variety of links to education and education technology articles. All this feeds the review I write each December on the stories we are told about the future of education.

Hack Education Weekly News

Hack Education

” There are more stories about Purdue University Global, formerly the for-profit Kaplan University, in the “labor and management” section below. ” There are more stories about Purdue University Global, formerly the for-profit Kaplan University, in the “labor and management” section below. ’” Via Edsurge : “School’s Out for the Latest Y Combinator Batch, and Here’s What Its Edtech Graduates Are Up to.”

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Hack Education Weekly News

Hack Education

Purdue University is buying Kaplan University for a dollar. Me, I wrote about how far Kaplan Inc ’s reach is in education politics and products. Perhaps this will help the Grovo fellows: “Tips for Landing an Edtech Gig – From the EdSurge Jobs Team.” IHE ed-tech blogger Joshua Kim wonders “Who Exactly Holds This Neoliberal EdTech Ideology ?” Via Edsurge : “The Asian Money Fueling US Edtech Investments.”

Hack Education Weekly News

Hack Education

An op-ed in Inside Higher Ed from EAB’s Melanie Hoe : “What the Purdue-Kaplan Deal Means for You.” ” Via Education Dive : “The Purdue-Kaplan Earthquake.” “ Cory Reid , who previously ran two edtech companies – Instructure and MasteryConnect – as their chief executive, has landed a new gig at Tyton Partners,” says Edsurge , failing to disclose that it shares investors with MasteryConnect.