Funding, LSAT, and Chevron: The week's most read education news
This week, MediaCore, which has been described as a "YouTube for universities," raised $4.5 million in venture funding that it plans to use as it expands its staff, sales, marketing, and development. Meanwhile, Hobsons bought Starfish Retention Solutions, a student advising systems provider used by over 4.5 million students and 250 colleges and universities.
Could the LSAT be on the way out? The State University of New York-Buffalo Law School and the University of Iowa College of Law announced this week that they would no longer require the standardized exam for applicants, with Iowa in particular citing the cost of the test and preparation services.
Finally, STEM education got a boost from Chevron, which has committed to spending $130 million over the next three years in the interest of ensuring a skilled future workforce.
Be sure to check out our conversation with Instructure's Wade Billings, who told us how the cloud-based LMS provider enlisted hackers to find security flaws, and more in this week's most-read Education Dive posts!
- 'YouTube for universities' lands $4.5M in funding: MediaCore, a Canadian startup providing video sharing and learning tools to higher ed, plans to expand its staff, as well as its marketing and development efforts.
- Starfish Retention Solutions bought by Hobsons: Starfish founder and CEO David Yaskin will assume a leadership role at Hobsons as the student retention services provider expands its potential client base.
- SUNY-Buffalo, U of Iowa law schools drop LSAT requirement: With others poised to follow suit, is the standardized exam on its way out?
- Chevron pumping $130M into STEM ed over next three years: This year, the gas conglomerate will spend $30 million on STEM programming, with an additional $130 million coming over the next three years.
- Putting a bounty on bugs: Instructure's Wade Billings on securing data: The cloud-based LMS provider recently took its proactively approach to security a step further by offering hackers a bounty.
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