Now 18M Users Strong, Edmodo Makes Its First Acquisition In Root-1 To Become The App Market For Education

edmodo_logo_colorAfter spending years working as technicians at public schools, Jeff O’Hara and Nicolas Borg launched Edmodo in 2008 to address what they had come to see as a huge gap in the teacher-student relationship: The need for a better, safer way for teachers to connect and communicate with their students. However, with the launch of its APIs early last year to allow developers to build apps on top of its platform, what began as a social networking tool — a sort of Facebook or Yammer for education — has more recently evolved into a marketplace for education apps.

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With $1.1M In The Bank, Graduway Launches To Help Schools Reinvent Alumni Networking

Screen shot 2013-02-21 at 4.05.39 AMGraduway, a startup that wants to help colleges and universities more effectively engage with their alumni, is officially launching today with $1.1 million in seed funding from BTG Pactual (Latin America’s largest investment bank), former 888 Holdings CEO Gigi Levy and RSL Venture Partners, which has recently invested in Vengo and OneSpot.

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Sumpto Wants To Be The Klout For College Students

Homepage 1Like a growing number of students, Ben Kosinski attended multiple universities over the course of his collegiate career. Although these schools differed wildly in culture and the makeup of their student bodies, the one thing that seems to remain true at any school, he says, is the level of influence online social identities have come to play in the daily life of college students. Yet, in spite of this, the world’s biggest brands still struggle to reach college students — the most coveted demographic — instead, throwing money at the problem through ineffective advertising methods.

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Kapor & NewSchools-Backed Mytonomy Wants To Bring Crowdsourced College Counseling To The Masses

Myt_DashboardAt the end of 2010, Vinay Bhargava decided to leave Google — not a decision he made lightly after spending seven-plus years in Mountain View and Washington D.C. But the decision became clear after talking to a group of students at the Thomas Jefferson High School for Science and Technology in Virginia. The students helped him realize that, in spite of the fact that nearly 26 percent of students hire an independent counselor to help with the college search, the resources for college-bound high school students are few and far between — especially those that cater to those who are the first in their family to go to college.

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As It Moves Beyond Rentals To Become An Academic Hub, Chegg Brings 2.5M Textbook Solutions To iOS

Screen shot 2013-01-30 at 7.59.17 AMChegg has long been known as a textbook company, becoming one of the first companies to bring textbook rental online and reach widespread adoption. But with Amazon, Apple and others moving aggressively into the textbook market — and the market and textbooks themselves increasingly going digital — Chegg has been re-positioning. Today, the textbook company is eying EdTech’s Holy Grail of becoming the OS for students (or in their words, the student’s academic hub), a big change for a company that launched behind the Textbookflix.com URL back in 2005.

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The 17 Winners Of The Facebook, Gates Foundation’s Education App Contest Are Making College Easier

screen-shot-2012-09-27-at-9-38-46-amBack in September, The Bill & Melinda Gates Foundation launched a contest that aimed to challenge entrepreneurs and app developers to build awesome, innovative education apps on Facebook’s platform. The so-called College Knowledge Challenge kicked off with an EdTech hackathon co-hosted by the Gates Foundation and Facebook, located at the social network’s headquarters in Menlo Park.

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With $4.1M In New Funding, MasteryConnect Wants To Give Teachers A Better Way To Track Student Progress

Screen shot 2013-01-20 at 12.59.37 PMOne of the most important roles that technology can play in transforming education revolves around data. Whether that’s by implementing APIs to make student data more transportable (a la Clever and LearnSprout) or creating integrated, cloud-based analytics platforms that give educators more insight into student performance through realtime metrics, finding better ways to make data more accessible can solve some of the biggest problems that are crippling our educational system.

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Elsevier In Advanced Talks To Buy Mendeley For Around $100M To Beef Up In Social, Open Source Education Content

logo-mendeleyThe world of ed-tech is ramping up another notch, and getting a lot more open in the process: educational publishing giant Elsevier is in advanced talks to buy Mendeley, a London/New York-based provider of a platform for academics to share research and collaborate with each other via a social network. TechCrunch understands from sources close to the companies that the deal is underway and should close this quarter, possibly by the end of February — all things being equal — and will be in the region of $100 million. The news comes at a pretty busy time for Mendeley: it has also closed a recent round of funding — value undisclosed but thought to be under $10 million — with investors including Access IndustriesPassion Capital, Tom Glocer (Ex-CEO Thomson Reuters), and UK-based Andurance Ventures.

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Grockit Lands $20M From Discovery To Bring Its New “Pinterest For Education” To The Masses

web profile pageExperimenting can pay off, just ask Grockit. The company first emerged in 2006 as a video test prep course for standardized tests, before re-launching at TC50 in 2008 with its sights set on becoming a social learning service. Combining gamification (before it was cool) with personalized, adaptive test-prep programs, it allowed students to study solo or in groups by watching video or connecting with live instructors.

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PopCap CTO & Veteran Adobe Exec Frits Habermann Joins Learning Platform Lynda.com To Help It Go Mobile, Global

lynda_com_logoOnline video learning platform Lynda.com is making a big addition to its management team today, announcing that it has hired of Frits Habermann as its new chief technical officer. Habermann joins Lynda.com from EA’s PopCap Games, where he was CTO and VP of social game operations and led the global technical growth of the company’s social, mobile and console game, including its most popular franchises Plants vs. Zombies, Bejeweled and BookWorm.

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