Dive Brief:

• Education technology companies received more than $305 million in venture capital investment so far in the second quarter, compared to over $500 million for the first quarter, according to a preliminary analysis by EdSurge.
• The largest second-quarter investment in the sector was $80 million for Social Finance Inc., a peer-to-peer lending organization that helps students refinance school loans.
• The total number of ed tech deals for Q2 fell to 59, compared to 88 in the previous quarter.

Dive Insight:

EdSurge breaks down the second-quarter venture capital investments in the sector into four categories, plus an “everything else” category. Excluding the $80 million Social Finance deal, on a dollar basis, the largest investment category was school operations at 34%, followed by college resources at 32%, and everything else at 25%. The other two categories, teacher needs and curriculum products, captured 6% and 2%, respectively.