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Course Hero Announces Rich Yang as President of Corporate Development and Vertical Businesses
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Course Hero s Fourth Annual Education Summit Convenes Faculty Focused on Pedagogical Research and Innovations
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Course Hero acquires LitCharts, founded by the creators of SparkNotes
I’ll admit it: I was the student that tipped the teacher off that half of our English class, including me, was using SparkNotes to “read” “Twelfth Night” by Shakespeare, instead of actually reading the text itself. The site, which offered summaries of books on a chapter-by-chapter basis, was the best way to review novels before a quiz or, was the best last-minute savior if you procrastinated too much and never got around to opening the book in the first place.
History in mind, it makes sense that the creators of everyone’s favorite procrastination tool, SparkNotes, are getting noticed by an edtech unicorn. LitCharts, an offshoot of SparkNotes, got scooped up today by a newly minted edtech unicorn, Course Hero. The price of the deal was undisclosed. That said, Course Hero last raised an $80 million Series B in August 2020, and assumedly a portion of that check went to this deal.
Total funding: $467.4 million, according to Crunchbase
Turo s platform allows users to rent cars directly from their owners. The company says that there are more than 450,000 vehicles and more than 850 unique makes and models available to rent.
8. Viagogo
Category: Tickets
Total funding: $65 million, according to Crunchbase
Viagogo is a European marketplace for ticket exchange and resale. The company, founded by StubHub cofounder Eric Baker, made a move to acquire StubHub for $4.05 billion in March, which ended up being blocked by competition watchdog The Competition and Markets Authority (CMA).
7. ThredUp Thousands of garments are stored on a three-tiered conveyor system at a sorting facility for ThredUp, an online thrift store.
“Dr. George and I started thinking, what can we do to get our hands around this issue,” said Dixon, an assistant professor of humanities and communication. “If there are 100,000 documents matching our university’s content, that’s too much for any one thing. It became clear that we had to find a new way to kind of automate the process, game it, if you will, and that set us off on the journey.”
Dixon and George have worked with computer science students to develop a tool they call CourseVillain, a customized search engine that searches Course Hero for documents related to Embry-Riddle courses and partially autopopulates copyright takedown requests. As of late last week, the search engine had turned up 237,293 artifacts traceable to Embry-Riddle, according to George.
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