Blog

    • September 16, 2015

    LearnUp: Using Technology to Solve the Skills Gap

    Marley Barazon was 16 when she immigrated to the United States from the Philippines. For months, while handling the rigor of senior year of high school, she looked for a job to support her family as they attempted to make it in a new country. Application after application, she kept receiving rejections. After three months, Marley finally came across a Craigslist posting for a position at Old Navy, and the link redirected her to LearnUp. After completing the scenario-based LearnUp training, she…

  • FiftyThree: Reimagining the “Blank Slate”

    FiftyThree, developer of the inspirational Paper app, Pencil stylus, and a thriving interactive community for creators called Mix, today announced a Series B round of funding led by NEA. Although the company is new to our portfolio, co-founder Georg Petschnigg and his team are well known to NEA—and I’m thrilled to partner with them as the company grows their base of millions of users and tackles new verticals with their fresh take on productivity. In 2013, we launched the NEA Design Studio,…

    • November 13, 2012

    A Crisis in Education is a Terrible Thing to Waste

    “A crisis is a terrible thing to waste” – Stanford Economist Paul Romer, speaking to a group of venture capitalists, 2004 The U.S. education system is facing a public crisis of confidence. Students at the K-12 level consistently underperform in math, science and reading compared to peers in China, Japan and Australia1. School tuition is prohibitively expensive for many, and graduates of U.S. higher education institutions today carry more than $1 trillion in collective student debt. Those…

    • September 4, 2012

    Desire2Learn: Leading the Renaissance in Education

    Today we announced our investment in Desire2Learn, one of the largest and fastest growing cloud learning platforms for the education industry. The $80 million financing is the first ever for the company and is one of the largest investments we’ve made out of our new $2.6 billion fund. Over $1 trillion is spent on K-12 and higher education globally, and schools are in the midst of a technology renaissance that is reinventing the classroom as we know it. Textbooks are being re-imagined for a…

  • Charting a new course in online education

    Venture capitalists talk a lot about investing in companies that can change the world. Occasionally we find some that may actually do it. Today Coursera announced that it has raised $16 in Series A funding to expand its online education platform. The company also announced a host of new partnerships with some of the country’s most prestigious institutions. These schools – Princeton University, Stanford University, University of Michigan and the University of Pennsylvania – will offer…