iHASCO

edsurge | March 31, 2020

Yuanfudao, a Beijing-based K-12 online courses and homework platform, has raised $1 billion in a new financing round, led by Tencent Holdings and Hillhouse Capital Group. Boyu Capital and IDG Capital also participated in the round. The company’s products include online tutoring, learning activities and exercises and a question bank. Subjects include math, English and programming, according to a translated version of Yuanfudao's website. The round brings Yuanfudao’s valuation to $...

edsurge | April 27, 2020

It has been over a month since most U.S. schools closed their doors. But what many hoped would be a temporary transition to remote learning has morphed into something more permanent, as many districts have announced they will not reopen for the rest of this academic year. The hasty rollout of new plans, and piecemeal changes to them, have flustered teachers and parents alike. “It’s really hard to have a routine with changing expectations week by week,” said Angela Estrella, an ...

Online Education

Class Technologies | August 27, 2021

Class Technologies Inc., the company enhancing virtual and hybrid classrooms by adding teaching and learning tools to Zoom, has launched Class Cares to support students and communities in need. "Class was founded from a desire to help people," said Michael Chasen, education software pioneer and Class co-founder and CEO. "Class Cares is a long term initiative that takes our team's desire to help and puts it into action through volunteering, donations, and partner...

Talent Development

Businesswire | June 02, 2023

Swing Education, an online marketplace that connects schools and substitute teachers, announced today $38 million in Series C funding. The funding round was led by funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm, and by edtech investment firm Reach Capital. The funding enables Swing Education to invest in its growth and better address the nation-wide substitute teacher shortage. This financing follows a 2018 Series B funding...