Edcite

prnewswire | February 12, 2020

The Raine Group, a leading global investment bank focused exclusively on technology, media and telecommunications, announced today the successful exit of portfolio company Parchment, a leading education platform for issuing and receiving academic and professional credentials. Today's announcement follows the completion of Parchment's merger with Credentials Solutions. "We were attracted to Parchment because of its mission to help turn credentials into opportunities, its ...

ENTREPRENEURS AND LEADERS

Genius Group Limited | July 05, 2022

Genius Group Limited , a world-leading entrepreneur Edtech and education group, today announced that Zacks Small-Cap Research , a division of Zacks Investment Research and a leading equity research firm, has initiated coverage of GNS at a valuation of $18.40, above the recent $9-10 trading range. 2022 revenue is estimated at USD 34.3 million, a 268% increase over 2021, and looking ahead, expects GNS to generate positive earnings by the 3rd quarter of 2023. Brad Sorensen, CFA, Seni...

EDUCATION TECHNOLOGY

edx | December 15, 2020

edX, the education movement for restless learners, today announced a significant milestone in their growth in 2020. edX grew from 81 million total global enrollments in 2019, to over 110 million global enrollments in 2020, a record 29 million increase. The number of new registered users grew even faster at 161% year-over-year, to 35 million total individual users. Individual courses offered passed 3,000. In 2020 edX saw an average of 400,000 learners per day engaged in course content. This year ...

EDUCATION TECHNOLOGY

OpenSesame | July 28, 2021

OpenSesame, a market-leading SaaS global e-learning pioneer, announced a $50 million investment led by JMI Equity, a growth equity company focusing on investing in top software companies, with previous investors FTV Capital and Altos Ventures participating. This expansion investment will help OpenSesame speed its global expansion, expand its technology platform through product-led M&A, and continue to create value for its global customers. Companies across the globe were compe...