Online Education Company startup Coursera raises funding of $49.5M from NEA Times Internet
Online education service Coursera has its eye on global expansion with a new funding, raising $49.5 million of an expected $60 million round that it expects to complete in the fall.
The Mountain View company co-founded by President Daphne Koller and Chairman Andrew Ng said the round was led by one of its early backers, New Enterprise Associates. Others participating include Kleiner Perkins Caufield & Byers, International Finance Corporation and Times Internet Limited — a subsidiary of Bennett, Coleman and Company Limited.
Coursera also said GSV Asset Management and Learn Capital will be involved in the fall funding.
The funding comes amid a resurgence in investment in online education. San Francisco-based Udemy raised $65 million in June, LinkedIn bought Lynda.com for $1.5 billion in April, San Francisco-based BrightBytes raised $33 million last month and Google announced a partnership with Udacity.
Early enthusiasm for the sector was dimmed by data showing that while many students were enrolling for online classes, few completed their courses. So Coursera and others in the field have shifted their focus to training for specific skills needed in the workplace and providing certificates for those who complete their instruction.
Coursera, which already gets 75 percent of its business from outside the United States, said it will use the new funding to grow even more in Latin America, China and India. The three-year-old company offers 1,100 courses to about 15 million learners worldwide.
It has now raised approximately $135 million in funding to date.
Midi Skirt : Enjoying the scenic Route in Croatia
I don’t think any blogger or travel writer can ever describe the beauty and vibe of Croatia i. Read More
Use Social Media to Make Every Employee a Recruiter
Linkedin started the concept of Social Recruiting when they launched in 2003, and now it’s the. Read More
Malawi listed number five in Lonely Planet's Top countries for 2014
Malawi has been named one of the top countries in the world for travellers in 2014. The country rece. Read More
Graduate student Rita Hess wins scholarship for service learning in Ec
Rita Hess, a student in the Spanish linguistics and pedagogy masters program at Illinois State Uni. Read More
Career and Courses in Engineering
According to an American scientist "A Scientist dreams to make this world better and an Engineer mak. Read More
Admission Open-2012 one yr Program in Nursery Teacher Training one yr Program in Primary Teacher training one yr B.Ed ( Admission Guidance ) 100% placement assistance one month train
Clean room bags are available in different materials such as nylon and anti static nylon, polypropylene, aclar, Teflon, and anti static. These bags are used for several industrial applications,
Weiber modular Clean Room Tent is the most economical approach and design for cleanroom needs. This design is commonly used in the microelectronics and medical mold injection industry as well a
In Today’s World Everyone is dependant on others, in our day-to-day life there are many Things or Activities which we can’t do or perform on our own, we always need a personal or a
Like to receive Free Traffic to your website ? Join now It is a Website Traffic Exchange. Pay to advertise your websites, promotion pages, affiliate links, auctions, classified pages, etc. here and