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

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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 ). Just three years ago, some of the biggest firms on Sand Hill Road—Kleiner Perkins, Sequoia Capital, Benchmark Capital—were happily putting money into edtech startups with unproven revenue models. Home-run bets and financial windfalls are rare in the edtech industry.

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

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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. Following Edtech Money (in-depth report on U.S. Rethink Education , an edtech investment firm based in White Plains, N.Y. Venture capital for U.S.

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Venture Capital Roundup: Three Ed-Tech Deals and a $1.5B Acquisition

Marketplace K-12

billion acquisition of lynda.com. chicagocubs citations coding digitalcontent edtech flatironschool k12dealmaking linkedin lyndacom mergersandacquisitions nearpod onlinelearning refme venturecapital Three ed-tech companies raised nearly $20 million and LinkedIn entered the education market with a $1.5

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

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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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LinkedIn’s New Learning Platform to Recommend Lynda Courses for Professionals

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If that offering sounds like what one might find on Lynda.com, which LinkedIn acquired 18 months ago. The new product, LinkedIn Learning , includes all 5,000 courses published on Lynda.com, and any new courses created will be published on both platforms. LinkedIn boasts it can suggest content from Lynda.com based on data in a user’s LinkedIn profile. Lynda.com users will have the opportunity to combine their accounts and access courses in both platforms.

What to Ask When Choosing Tech for Schools

Edsurge

Everything that we do at EdSurge—covering the news, building out research reports, developing the edtech Index and, most recently, building out our Concierge program —is aimed at helping schools figure out what the right technology is for their students and teachers. You can see the full course either here on LinkedIn Learning , or on Lynda.com.

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

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

Edsurge

Another household name is Lynda.com, now owned by Microsoft and whose courses are now also offered through LinkedIn. Education Technology Financing Edtech BusinessCan a “Netflix”-like subscription model really work for online education platforms? Investors who are fond of analogies and comparisons to consumer technology successes are betting on one New York City-based company to find out. Skillshare has raised $28 million in a Series C round led by Union Square Ventures.

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This Professor Uses Virtual Labs to Teach Real-World IT Skills That Employers Want

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Lynda.com. Education Technology Workforce Training Postsecondary Learning Fully-Online School Professional Development University EdTech Lexicon Cloud Computing Enriched Virtual ModelSteph YoungGonzaga credits online learning with enriching her education and helping establish herself as an IT thought leader. Now she wants to pay it forward. Instructors can focus on teaching–and not on technical issues.

?Blockchain, Bitcoin and the Tokenization of Learning

Edsurge

A handful of other universities (and even preschools ) now accept Bitcoin for tuition, but that’s hardly the extent of how blockchains and tokens are weaving their way into education: Educators and edtech entrepreneurs are now testing out everything from issuing degrees on blockchains to paying people in cryptocurrency for their teaching. They both see why edtech entrepreneurs are embracing the world of cryptocurrency: the profit incentive.

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?Why an iTunes Model for Online Learning Is Bad for Educators

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Lynda.com similarly compensates instructors for distinct video views. Education Technology Market Trends Edtech BusinessIn 2017, Stephen DeRue, dean of University of Michigan’s Ross School of Business, wrote a Forbes column arguing that, in order to make higher education more affordable, we needed to move towards an “iTunes model for education.” “In In the future,” he wrote, “I envision three tiers of education that look a lot like the music industry of today.

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

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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.

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.

Forbes’ 2018 ‘30 Under 30’ Came Early This Year. Here’s Who Made the Education List.

Edsurge

Edtech investment professional Hilary Shirazi (29), now at LinkedIn , was a force behind her company’s acquisition of skill site Lynda.com. When it comes to education, Forbes’ 2018 “30 Under 30” list might be summed up best as the year of the founder. Most of the 38 honorees (cofounders are grouped together) are listed as entrepreneurs, though their companies—and backgrounds—are rather diverse.

Hack Education Weekly News

Hack Education

” Via EdScoop : “Edtech and industry leaders say they’re stuck if they can’t scale.” I’d love to see a comparison between Pluralsight and Lynda.com.). ” From MIT’s Justin Reich : “Five Answers About EdTech Experiments: A Response to Benjamin Herold.” Each week, I gather a wide variety of links to education and education technology articles.

Hack Education Weekly News

Hack Education

” (It’ll run on LinkedIn Learning , formerly Lynda.com , which means it’ll cost you $24.99 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.” Education Politics.

Hack Education Weekly News

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Some say… “What to Ask When Choosing Tech for Schools” – a new Lynda.com course offered by Edsurge (which is funded in part by Lynda.com’s founder. Edsurge’s Jeffrey Young (formerly of The Chronicle of Higher Education) weighed in today: “ Why Rafter Failed and What It Means for Edtech.” Presidential Campaign Politics.

Hack Education Weekly News

Hack Education

” Via Politico : “ Stanley Buchesky , formerly a managing partner at the venture capital firm The EdTech Fund , will work [at the Department of Education] on budget and finance issues.” ” Among The EdTech Fund’s investments : Teachboost and Citelighter. Via Mindwire Consulting’s Phil Hill : “Winter Is Here: EdTech investments and M&A dropped significantly in 2016.”

Hack Education Weekly News

Hack Education

“The ‘poor man’s MBA’ can boost salaries by 20%,” says CNN in a puff piece about LinkedIn , Lynda.com , and project management certificates. ” Via Edsurge : “ Rethink Education Re-Ups Commitment to Edtech With $107.5 Via EdTech Magazine : “How Learning Analytics Can Help Inform K–12 Decisions.” Education Politics.

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