Education technology startups raised over half a billion dollars in Q1
Education technology-focused startups raised more than $500 million already in the first quarter of 2014, marking the single biggest quarter for capital committed to the sector in the past five years. What began as a trickle in 2009, with 20 companies raising more than $64 million at the beginning of the year, is now a flood as funding leapt to $500 million in 99 venture-backed startups, according to CrunchBase data.
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