Investments decline as education technology grows up

Wednesday, July 2, 2014

School may be out for summer, but the nation’s education-focused technology startups are still hitting the books, drumming up new business and new investments to capitalize on overwhelming demand for innovation from primary and secondary schools and colleges.

New government initiatives are underway nationally — where education spending is expected to top $1 trillion — and internationally, cheaper technologies are making their way into the classroom, and venture capital firms are backing new companies targeting the market at an unprecedented clip.

In all, it’s a good time to be a technology company selling into the land of learning.

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