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Two Bit Circus Launches Education Nonprofit

socalTECH

The Two Bit Circus Foundation said it is designed to cultivate the next generation of inventors, advance environmental stewardship and spur community engagement. T4T.org salvages manufactured goods for use in educational projects, to help in the areas of STEAM (science, technology, engineering, art and math) learning.

Education 124
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Report: Lynda.com Tops $70M In Annual Revenues

socalTECH

Ojai, California-based Lynda.com , the online education site providing online training on a variety of software, ranging from PhotoShop to AutoCAD and much more which was founded by Lynda Weinman and Bruce Heavin, is now topping $70M in annual revenues, according to reports. The new revenue numbers came via TechCrunch. READ MORE>>.

Report 173
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Fuhu Finds Funding For Android Tablet For Kids

socalTECH

The funding was announced by venture debt provider ORIX Ventures. Fuhu develops the nabi tablet, which it says is specifically designed for teaching kids state-standardized, core curriculum for kids in the K-5th grade. Specific terms of the venture debt deal were not announced. Fuhu's nabi is based on Android 4.0,

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General Assembly Raises $70M More

socalTECH

General Assembly , the co-working and education startup which is extremely active in the Los Angeles area, has raised $70M in a new funding round. General Assembly offers up a wide range of classes on coding, design, marketing, and more, as well as acts as a host to countless community groups, meetups, and events.

Education 100
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lynda.com Raises $186M For Growth Efforts

socalTECH

Carpinteria-based lynda.com , which is led by Eric Robison, has raised a huge, $186M funding round, led by TPG. The company said it will use the new funding for accelerating acquisitions, growth, and new content intiatives. As part of the funding, TPG''s David Trujillo will join the company''s board of directors. in the deal.

Education 100
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SPONSORED POST: LAVA's Meet the VCs November 17th

socalTECH

socalTECH is a media sponsor of the LAVA Special Event: Meet the VCs on November 17th. The event features an interactive networking roundtable at which more than 30 venture capitalists from California, who will talk with local entrepreneurs about deal flow and the types of investments they're looking to fund.

LAVA 133
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Lynda.com Snags New Enterprise GM From Salesforce.com

socalTECH

Carpinteria-based lynda.com , the online learning and education company backed by Accel Partners, Spectrum Equity, TPG Capital and Meritech Capital Partners, has bolstered its executive staff in the enterprise area, saying this morning that it has named Erik Nierenberg as General Manager of its Enterprise business. READ MORE>>.