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And investment continues to flow into the edtech space. Shrier has led graduate business courses at institutions including Oxford, MIT and Imperial College; Porter was a vice president at Pearson and edX, the nonprofit online course platform developer. Shrier and Porter are also CEO and CTO of Adit EdTech Acquisition Corp.,
edtech startups in 2017. And that dip in dealflow has been happening in recent years: Investors are pouring more money into the edtech industry, but across fewer companies. Source: EdSurge One trend is clear: The dollars invested in the US edtech industry has ticked up steadily since 2011 (considering 2015 as an aberration).
based edtech startups in 2017 saw a resurgence of investment capital. edtech investments in 2011. edtech companies. MOOC companies typically account for the bump in the “Post-Secondary” category, but aside from Coursera’s $64 million Series D round, few other companies focused in higher education scored a large deal.
While not quite the “Year of the MOOC,” 2018 saw a resurgence in interest around the ways these massive open online courses are delivering free (and more often these days, not free) online education around the world, and how these providers are increasingly turning to traditional institutions of learning. What’s Next for Pearson?
edX was never the premier MOOC brand—that title belongs to Coursera. These companies, which help colleges set up online programs and often help finance them as well in exchange for a cut of revenues, have lately seen a barrage of bad news. The jury is obviously still out on whether these strategic changes will work for the company.
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.
Online Education (and the Once and Future “MOOC”). A call to rebrand MOOCs , from Edsurge. Via Mindwires Consulting’s Michael Feldstein : “ Pearson Open Sources Equella – Properly.” Edtech Funding Rebounds With $1.2 .” More via Inside Higher Ed. ” Or something.
” Online Education and the Once and Future “MOOC” The University of Iceland has joined edX. ” “ Pearson , WTF? ” Via EdTech Strategies’ Doug Levin : “The COPPA Rule, FERPA , and the Security of Student Data.” The “New” For-Profit Higher Ed.
Neither Pearson nor Blackboard, companies that were quite active in gobbling up startups a year or so ago, bought a single company this year. “EdTech fails to pay, again,” The Financial Times chuckled. ” (Its MOOC competitor edX also announced this year that many of its courses would no longer be free.)
Online Education (The Once and Future “MOOC”). ” “Aftermath of the MOOC wars: Can commercial vendors support creative higher education ? A Techcrunch op-ed : “Why edtech can’t grow as much as healthtech.” Raise $146.1 million in venture funding; ask people to work for you for free.
“Publishers Wiley , Cengage , Pearson and McGraw-Hill Education have won a multimillion-dollar lawsuit against a seller of fake textbooks ,” Inside Higher Ed reports. Online Education (and the Once and Future “MOOC”). As The Financial Times puts it , “EdTech fails to pay, again.”
Online Education (The Once and Future “MOOC”). “ Pearson Collaborates With Google to Develop Virtual Reality Learning Experiences for Students.” “ 3 Lessons Chipotle Can Teach EdTech ” is an actual headline. There’s more on legal cases in the sports section below.
Online Education (and the Once and Future “MOOC”). So much MOOC news! (Or “ MOOCs Are Global. Also via Edsurge : “How Harvard Is Trying to Update the Extension School for the MOOC Age.” “ Are Edtech Companies Doing Enough to Protect Student Privacy? ” asks Edsurge.
” Online Education (The Once and Future “MOOC”). Here’s The Chronicle headline from then : “Professor Leaves a MOOC in Mid-Course in Dispute Over Teaching.”) Good thing I never did anything in those MOOCs, otherwise I'd be losing my work. Remember Richard McKenzie?
Online Education and the Once and Future “MOOC” “ CSU signs deal to record, broadcast classroom lectures,” says the San Francisco Examiner. Pearson execs writing in Edsurge ask , “Can Edtech Support – and Even Save – Educational Research ?” The deal was signed with Sonic Foundry.).
” Via Edsurge : “What Federal Education Budget Cuts Mean for Edtech.” Online Education and the Once and Future “MOOC” Via the Coursera blog : “ Coursera now offers free trials for most Specializations.” Remember MOOCs? Billion Worldwide This Year.” My, how they’ve pivoted.
” “Make MOOCs great again.” Via Edsurge : “ New Markets Venture Partners Adds $30 Million, Former Gates Foundation Executive to Edtech Fund.” million from Pearson Affordable Learning Fund (PALF), Samator Education, and CyberAgent Ventures. Is that possible? Smartstudy has raised $29.54 ”).
’” Online Education, Beyond “MOOCs” Via Mindwire Consulting’s Phil Hill : “The Remarkable Transformation at UF Online.” Via Edsurge : “Overcoming Hacking and Cybercrimes – The Next Obstacle to Edtech.”
” Via Edsurge : “Golden State GDPR: What the Edtech Industry Should Know About CA ’s New Privacy Rules.” Online Education (and the Once and Future “MOOC”). Via Class Central : “ MOOCs May Still Be Reshaping Higher Education, Just Not In the Way That Was Initially Predicted.”
Online Education (and the Once and Future “MOOC”). ” Via EdScoop : “Edtech and industry leaders say they’re stuck if they can’t scale.” ” Via Edsurge : “What’s Next for Pearson ? ” The “New” For-Profit Higher Ed. Not Buying Your Education Startup.)”
” Online Education (The Once and Future “MOOC”). MOOC hype deja vu.). ” “ PEARSON alized Learning” by Mindwire Consulting’s Michael Feldstein. Via Edsurge : “When Teachers Build Edtech , Awesomeness Ensues – and Here’s Why.”
” Online Education (and the Once and Future “MOOC”). “Free MOOCs Face the Music,” writes Inside Higher Ed on edX ’s decision to start charging fees. More “MOOC” news under the job training section below. million for its MOOC platform. douglevin) June 11, 2018. million total.
Online Education and the Once and Future “MOOC” Via the Coursera blog : “New mobile features: Transcripts, notes, and reminders.” " It’s lovely to see the big innovation from the MOOC startups in 2017 involves the learning management system. ” Udacity has updated its online "classroom."
” Online Education (and the Once and Future “MOOC”). ” Via Edsurge CEO Betsy Corcoran : “ Edtech Incubators are Fading. From Pearson : “ AI-based tutoring : A new kind of personalized learning.” ” Inside Higher Ed reports that “ Laureate Mulling Sale of Walden University.”
Online Education and the Once and Future “MOOC” These headlines just kill me. ” More MOOC data in the “research” section below. ” Maha Bali writing for Prof Hacker : “Against the 3A’s of EdTech: AI , Analytics , and Adaptive Technologies in Education.” ” Think tanks.
Online Education (and the Once and Future “MOOC”). It’s baaaaack: “Return of the MOOC ,” The City Journal tells us. There’s some (sorta) MOOC-related news in the venture funding section below. Because MOOCs on an airplane proved to be such an effective mode of instruction.
” Online Education and the Once and Future “MOOC” “Why Haven’t MOOCs Eliminated Any Professors?” Via Edsurge : “ Pearson , an Investor in Knewton , Is ‘Phasing Out’ Partnership on Adaptive Products.” “ Intel Hits Pause on Edtech Accelerator,” says Edsurge.
Online Education and the Once and Future “MOOC” Via Edsurge : “Are You Getting a Pay Bump For Student Completion? ” “Whatever Happened To MOOCs ?” ” Mindset marketing from Pearson : “3 steps to upgrade your GRIT in education.” This Edtech Company Says It Uses AI.
” “Schools, Libraries Miss Out on Millions in E-Rate Funds,” according to EdTech Magazine – some $245 million for the 2014 fiscal year. Online Education (The Once and Future “MOOC”). billion it agreed to pay Apple/Pearson for iPads, but what do I know). “Is Estonia the new Finland ?”
.” The publishers in question are Cengage , McGraw-Hill , and Pearson. Testing, Testing… Via Chalkbeat : “Calculator mix-up could force some students to retake ISTEP, and Pearson is partially to blame.” ” The testing firm in question: Pearson. The History of Pearson.
” Online Education and the Once and Future “MOOC” “The University of California, Los Angeles , is planning a major expansion in the online certificate and graduate degree markets that it hopes will reach as many as 15,000 students by early next decade,” Inside Higher Ed reports. .”
Other companies with similar models: Spark Schools, which raised $9 million this year from the Omidyar Network and Pearson, and APEC, also funded by Pearson. The comfortable elision in “edtech” is dangerous; it needs to be undone by emphasizing the contexts, origins, aims, and ideologies of technologies.
Online Education and the Once and Future “MOOC” Inside Higher Ed on online education at Simmons College. More on MOOC and online education research in the research section below. Via eCampus News : “Is higher ed ready for the big edtech explosion ?” Upgrades and Downgrades. ” asks NPR.
Online Education and the Once and Future “MOOC” Via Edsurge : “Peter Thiel May Finally Get His Flying Cars, Thanks to a New Udacity Nanodegree in 2018.” Via The Hindu Business Line : “ Pearson India set to launch K–12 online private school.” ” EVERYONE! ” We’re only at 3.0,
Online Education and the Once and Future “MOOC” “ MOOCs : A Postmortem” by Jonathan Rees. Meanwhile, Campus Technology offers “7 Tips for Listing MOOCs on Your Résumé.” ” Via Edsurge : “ Phishing Season: Widespread Email Scam Targets Schools, Edtech Companies.”
” 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. ” (I admit.
“What Betsy DeVos means for edtech ,” according to venture capitalist Ryan Craig. ” Online Education and the Once and Future “MOOC” “Should Online Courses Go Through ‘Beta Testing’?” NPR on MOOC Micromasters. ” asks Edsurge. million and relies on volunteer labor.
K98BwFMkIc @ryancraiguv #edtech pic.twitter.com/3mITJHvODv — EdSurge HigherEd (@HigherEdSurge) November 11, 2016. ” Online Education (The Once and Future “MOOC”). Via Inside Higher Ed : “ IBM picks Blackboard and Pearson to bring the technology behind the Watson computer to colleges and universities.”
Online Education (The Once and Future “MOOC”). Elsewhere in MOOC research… From Campus Technology : “Grouping MOOC Students by Communication Mode Doesn’t Help Completion.” ” More on MOOC (and related) research in the research section below. MOOCs losing their mojo?
” On the heels of a trademark complaint by the public media program Current , the edtech startup Listen Current has rebranded to Listenwise. ” Online Education (The Once and Future “MOOC”). ” Online Education (The Once and Future “MOOC”). MOOCs, CAI, and now this. “Anybody.”
Where Is the Office of EdTech ?” Online Education (and the Once and Future “MOOC”). To borrow from Jello Biaffra, “MOOCs aren’t dead, they just deserve to die.” ” From Edsurge : “How Blockbuster MOOCs Could Shape the Future of Teaching.” “The Dept.
Online Education and the Once and Future “MOOC” MOOCs are dead , according to Udacity ’s VP. ” Never one to let a good MOOC story pass them by, Edsurge repeats the story. “MOOCs Are ”Dead.“ million in crowdfunding for its MOOC platform. “ What’s Next?
” Online Education (and the Once and Future “MOOC”). ” Via Edsurge : “Behind Closed Doors: Edtech Entrepreneurs’ Biggest Challenges in 2018.” Via Edsurge : “ Pearson ’s Former Product Chief Reflects on the 4 Megatrends Shaping Global Education.” ” JFC.
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