Udemy appointed its current COO Dennis Yang as new CEO, co-founder with current CEO Eren Bali taking the role of chairman and head of product according to WSJ.D Venture Capital Dispatch.
Yang joined the edtech startup as COO in December 2012 at the time Udemy had raised its $12 million Series B round.
After raising an additional $10 million in March Parchment is now expanding the service beyond delivering and sharing verified credentials, transcripts, certifications and diplomas.
The company now launched a new tool named Parchment College Match that allows students to personalize the application process and discover the colleges most appropriate to them.
Washington D.C. based Zoobean, a curation platform for educational apps, books and literacy resources for children, raised $400k from Militello Capital, CIT GAP Funds and angel investor Hilton Augustine Jr. according to Washington Business Journal.
The announcement came on Tuesday, only a day after the air date of a Shark Tank episode that revealed a $250k investment from Mark Cuban in the startup.
Declara, an edtech startup that offers an adaptive learning platform for continuing education, has raised a $16 million Series A led by GSV Capital with participation of Catamount Ventures and previous investors Data Collective and Founders Fund. Mark Flynn, co-managing partner of GSV Asset Management, will join the Declara board.
The new funding will be used to scale operations in Asia and build out the team by hiring more data scientists. Declara previously raised a $5 million Seed Round in September 2013 from Peter Thiel, Founders Fund, and Data Collective.
Here is our new weekly rundown of EdTech Startup News beyond funding, IPOs or mergers and acquisitions.
This week we cover EverFi’s partnership with NEA Foundation, ChineseCUBES usage of AR to teach Chinese, Brainly’s entrance into Asia, Cognoa’s iPhone app to detect autism, the launch of the Airbnb for Skills Avbl and Wello’s potential acquisition by Weight Watchers.
Invention Labs has raised a $550K Seed Funding round led by Inventus Capital and Mumbai Angels with participation of Google India MD Rajan Anandan and Raju Reddy, founder of Sierra Atlantic and others.
The funding is specifically for Invention Labs’ picture based communication app Avaz AAC that helps children with autism develop verbal skills.
The funding will be used to further develop the app and also expand geographically.
The hyper-local messaging app for college students Yik Yak raised a $1.5 million Seed Round from Vaizra Investments, DCM, Azure Capital Partners and several other angels.
The funding comes on the heels of a cyberbullying scandal which made headlines across the USA, but was also handled in a proactive way by the Yik Yak founders.
This is a funding special as an addition to our weekly Edtech Startup News, covering some of the smaller rounds of the last couple of weeks.
In this special edition we take a look at Approved Colleges, an online degree resource site, Exo Labs, which creates cameras that connect microscopes and iPhones and Dub Labs, a mobile platform for colleges.
General Assembly announced the Opportunity Fund, a scholarship program in partnership with Microsoft, Google, Hirepurpose and Nas.
The Opportunity Fund offers generous scholarship funds to help veterans, women, and minorities become less underrepresented in the tech industry.
Washington D.C. based Zoobean, a curation platform for educational apps, books and literacy resources for children raised $250k from Mark Cuban on Shark Tank.
According to SEC filings Zoobean had previously raised $270k in debt and $573k from Kapor Capital.