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|Wednesday, April 10, 2013|
BY LINDA BAKER | OB EDITOR
Don’t look now, but online education startups may soon give social media/mobile app developers a run for their money — in Oregon and around the country.
Portland startup Treehouse, which offers basic technology classes for high school students, announced today it was closing a $7 million series B round of financing, with Kaplan Ventures taking the lead. CEO Ryan Carson relocated from England last year, and Treehouse will use the money to grow employees and services.
This past December, EdCaliber, a maker of K-12 learning management tools profiled in our June 2012 issue, closed a $335,000 convertible debt financing round led by the Gorge Angel Investor Network.
On the national stage, Stanford announced last week it was joining a Harvard and MIT-backed enterprise, edX, to develop a system that allows colleges to develop free online courses, otherwise known as Massive Open Online Courses or MOOCs. Stanford already operates its own MOOC, but the edX partnership is expected to boost enrollment worldwide.
"I really believe this will enable true, planet-scale application of online education," edX president Anant Agarwal told the Huffington Post on Monday.
The surge in online education startups is the most visible sign of the disruption underway in the K-12 and higher education marketplace. As budgets tighten, tuition costs skyrocket — and as quality in secondary and post secondary schooling declines — a growing number of entrepreneurs aim to upend business as usual, making education more accessible and affordable via online options.
As the parent of a high school senior, I am watching such developments with a keen eye. Because sending your kids to college in 2013 is akin to buying a hugely expensive house at the height of the housing boom — but with advance knowledge of the impending collapse.
As for Oregon's startup hordes, the payoff for entering the rapidly growing online ed arena may turn out to be every entrepreneur's dream: lots and lots of money.
OB Editor Linda Baker keeps tabs on CEO and public policy issues, with frequent forays into innovation, entrepreneurship, and bikes.
Thursday, August 20, 2015
BY JACOB PALMER
Ask any college student: Textbook prices have skyrocketed out of control. Online education startup Lumen Learning aims to bring them down to earth.
Wednesday, August 19, 2015
BY CHRIS NOBLE
Oregon is home to an abundance of gritty warehouses reborn as trendy office spaces, as well as crafty hipsters turned entrepreneurs. Does the combination yield an equally bounteous office products sector? Not so much. Occupying the limited desk jockey space are Field Notes, a spinoff of Portland’s Draplin Design Company, and Schuttenworks, known for whittling Apple device stands. For a full complement of keyboard trays, docking stations and mouse pads, check out the GroveMade line, guaranteed to boost the cachet of even the lowliest cubicle drone.
Thursday, September 10, 2015
BY KIM MOORE
Oregon is set to become a hub of a new type of wooden building design as a southern Oregon timber company becomes the first certified manufacturer of a high-tech wood product, known as cross-laminated timber, or CLT.
Monday, September 28, 2015
BY KIM MOORE
A conversation with Jonathan Bennett, managing partner at law firm Dunn Carney Allen Higgins & Tongue.
Wednesday, August 19, 2015
BY GARY THILL | PHOTOS BY JASON E. KAPLAN
A storied institution climbs down from the ivory tower.
Friday, August 21, 2015
Renee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.
Tuesday, September 22, 2015
BY JASON NORRIS | CFA
On September 17, the much anticipated Fed decision was delivered and the equity markets haven't liked it.
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After first visiting as tourists, entrepreneurs relocate to Oregon and spur economic growth.