Investments in educational training, media and services, also known as edtech, grew to $367.4 million across 24 deals in the second quarter of 2015, a record for venture dollars flowing to the sector in a single quarter, according to Dow Jones VentureSource data, Lora Kolodny reports for VentureWire. Tory Patterson, an investor and board member of edtech companies, including LearnZillion,Newsela and MasteryConnect, says that startups in this field have a chance to unseat incumbents in a massive, for-profit business because of the introduction of broadband Internet, mobile and social technology in schools.
Read the rest of the story at The Wall Street Journal Venture Capital Dispatch.
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