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Another U.S. education technology company has reached the billion-dollar valuation mark, and with that comes bragging rights to being a “unicorn.” But its CEO winces when he hears the word. He really, really doesn’t want to talk about it. “I am careful about that term being the focus,” says Andrew Grauer, who co-founded Course Heroin […]
Top Hat, an ed tech company that specializes in creating open educational resources (OER), announced Tuesday that it raised $55 million in Series D funding. The fundraising round was led by existing investors Georgian Partners and Inovia Capital and includes debt and equity financing. The company said in a statement that the funding will help […]
The latest “2019 Global Learning Technology Investment Patterns” report from Metaari declared that a “breathtaking $18.66 billion flowed to ed tech companies around the world in 2019” — the “highest in the history” of the industry, “[blasting] past the records set between 2015 and 2017 and far [outpacing] the historic high in 2018.” As Metaari CEO […]
