Edsurge
FEBRUARY 1, 2021
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.
Edsurge
NOVEMBER 9, 2016
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.
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Edsurge
NOVEMBER 6, 2017
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.
Edsurge
FEBRUARY 4, 2019
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.
Edsurge
JANUARY 10, 2017
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.
Edsurge
OCTOBER 11, 2016
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. Check it out!
Edsurge
DECEMBER 21, 2017
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.
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