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Another Record Year for Ed-Tech Investments

January 7, 2016

Ed-tech companies serving higher education in 2015 attracted investments totaling $658.3 million, according to a white paper released this week by market research firm Ambient Insight. Higher education is a small piece of the total dollars poured into educational technology, however. Ambient Insight estimates the sector attracted $6.54 billion last year, a dramatic increase from $2.42 billion in 2014.

The white paper identifies a number of reasons behind the increase: more funding going to companies based in China, a growing interest in consumer-facing companies and a greater number of investments at $50 million or more. The single largest funding amount last year went to online program management service provider HotChalk, which in November sold a $230 million minority stake to the media corporation Bertelsmann SE & Co. KGaA.

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Carl Straumsheim

Carl Straumsheim, Technology Correspondent, joined Inside Higher Ed in 2013. He got his start in journalism as a video game blogger for Norway's third largest paper, Dagbladet, at age 15, and has since dabbled in media criticism, investigative reporting and political coverage. Straumsheim (pronounced STROMS-hyme) boasts that he once received a perfect score on the Test of English as a Foreign Language, which enabled him to pursue a bachelor's degree in English from LaGrange College and a master's degree in journalism from the University of Maryland at College Park.

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