There is a desperate, global need for access to higher education, and the past few years have seen a noticeable movement of innovative thinkers and entrepreneurs trying to discover how to employ technology to meet this growing need. At NEA, we see a unique opportunity to invest in entrepreneurship and technology in this space, and believe that now is the time for our industry to step up and do its part to achieve a revitalization and re-imagination of today’s education system.
NEA’s education portfolio centers around making high-quality instruction and educational tools accessible to a diverse, global student population—from providing quality schooling to underprivileged children in Africa, to delivering top university course content to hundreds of thousands of learners worldwide, to ‘democratizing’ the Internet by translating its content into all the world’s languages. We’re especially interested in opportunities where education technology intersects with some of our core investing themes like Software-as-a-Service (SaaS) and cloud computing, mobile and social applications, and the demands of rapidly growing middle classes in emerging markets.
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