Techno-News Blog

February 2, 2016

Venture Capital In EdTech Is Booming

Filed under: Uncategorized — admin @ 12:14 am

by Karis Hustad, ChicagoInno

Education technology, or edtech, had an impressive fourth quarter in terms of venture capital investments, according to new KPMG/CB Insights data. There were just over $1 billion in investments in Q4 2015, up 300 percent over the $295 million in investments seen in Q3 2015, and significantly higher than the $474 million raised in Q2, and $694 million raised in Q1, according to the KPMG and CB Insights Q4 Venture Pulse study. So does this mean the beginning of the edtech boom? According to experts it bodes well for certain companies, but the edtech industry still lags far behind most industries when it comes to fundraising.

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