article thumbnail

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

Edsurge

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.

EdTech 163
article thumbnail

Varsity Tutors to Go Public at $1.7B Valuation Through SPAC Acquisition

Edsurge

TPG, the private equity firm behind the deal, is an investor in other edtech companies through its social-impact arm, The Rise Fund. TPG was also a backer of Lynda.com, an early pioneer in online video instruction, which was acquired by LinkedIn for $1.5 These include Adit EdTech Acquisition Corp. billion in 2017.

lynda.com 218
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

36 Edtech Tools I’m Using Right Now in My Classroom and Life

The CoolCatTeacher

As I was reading The Teacher’s Guide to Tech last week, I realized that it had been a while since I’d shared my own favorite edtech tools. I went through an incredible course on Lynda.com in January to help me use it better each day. Thanks Jennifer! . These tools are not in any particular order.

Tools 120
article thumbnail

As Corporate World Moves Toward Curated ‘Microlearning,’ Higher Ed Must Adapt

Edsurge

Pluralsight—an online IT training provider—has scaled to become an edtech “unicorn,” with a valuation over $1 billion. billion acquisition of Lynda.com in 2015—and LinkedIn’s subsequent acquisition by Microsoft in 2016 for $26 billion—are connected to the new business models in the provision of corporate learning.

Coursera 162
article thumbnail

Microsoft Takes a Bite Out of BrightBytes, Acquiring Its DataSense Platform and Team

Edsurge

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. It also offers a rostering solution that expedites how student and educator accounts for third-party edtech applications are created and managed.

Microsoft 100
article thumbnail

SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel

eSchool News

San Francisco based Owl Ventures is the largest edtech sector-focused venture capital firm in the world. SplashLearn fits into our objective of supporting innovative companies in the edtech space, helping drive a paradigm shift in the way education is imparted, bringing it to scale” said Amit A. SplashLearn was incorporated in 2010.

article thumbnail

Rethink Education Re-Ups Commitment to Edtech With $107.5 Million Fund

Edsurge

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.

EdTech 60