Trainers, coaches and tutors across the globe are increasingly interested in expanding their local audience by creating and selling online courses. Marketplaces like Udemy offer the advantage of a global audience of potential customers, but can also be quite competitive and costly when it comes to commission.
Bangalore-based Learnyst offers educators all the tools they need to set up a storefront to sell their online courses, assess and manage their students, host their content and receive payments.
Schoology, a learning management solution which provides a collaborative learning environment, has raised a $15 million venture round led by Intel Capital with participation of new investors Great Oaks Venture Capital and Great Road Holdings and existing investors FirstMark Capital and Meakem Becker Venture Capital. Intel Capital’s Sumeet Jain will join Schoology’s Board of Directors.
The round brings Schoology’s total capital raised to $25 million.
Instructure Canvas is quietly building what could become one of the dominant platforms in online education, from academic to vocational and lifelong learning. In this post I want to focus on three indicators that show Instructure’s growth in different verticals of the market and the overall potential the Canvas Network has for institutions and for-profit education.
Bangalore-based edtech startup Foradian Technologies has raised a $2 million angel round from William Bissell, MD of FabIndia.
The funding will be used to further develop the product and to spread into new markets in the US, Asia and Europe.
CBTec, the Finnish startup behind the LMS / MOOC platform Eliademy raised seed funding from Inventure. Though the amount has not been disclosed, TechCrunch estimates the round at €200.000.
Eliademy is also planning to raise a €4 million Series A by December 2014.