Udacity names former LendingTree executive to CEO post

Online education startup Udacity has hired former LendingTree executive Gabriel Dalporto as its new CEO, an appointment that follows months of layoffs and a restructuring directed by the company’s co-founder and executive chairman Sebastian Thrun. Dalporto comes to Udacity after seven years at LendingTree, where he served in numerous positions, including chief marketing officer and […]

FutureLearn takes $65M from Seek Group for 50% stake in UK online degree platform

Edtech and recruitment continue to converge. London-based online degree platform, FutureLearn, is taking £50 million (~$64.6M) from Australian-based online job matching group, Seek, in exchange for a 50 per cent stake in the business — just days after the same group led a massive Series E in U.S. online learning giant Coursera. U.K. distance learning […]

Byju’s buys Osmo for $120M to add blended learning to its $4B digital education business

Weeks after it raised a massive $540 million funding round, Indian education unicorn Byju’s is on the M&A path. The company announced today it has snapped up U.S.-based Osmo, a startup that develops apps for kids that use offline input, in a deal worth $120 million. Osmo has raised more than $30 million from investors […]

MasterClass raises $80M after doubling sales last year

MasterClass, the website that brings celebrity-taught classes to the public, like tennis lessons from Serena Williams and photography instruction from Annie Leibovitz, has raised $80 million to expand internationally. The Series D funding, led by IVP, will also be used to bring more celebrities to MasterClass. The company currently offers 39 classes, with plans to […]