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Education tech enjoys boost from investors

Venture and equity financing in sector surges 55 per cent to US$1.87 billion in 2014

While rising sharply, the values of ed tech financing deals are chump change compared with the money flowing into consumer software.

New York

THE education technology business is chock-full of fledgling companies whose innovative ideas have not yet proven effective - or profitable. But that is not slowing investors, who are pouring money into ventures as diverse as free classroom-management apps for teachers and