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.
Best Tips to Study Effectively
Don''t plan to study non-stop for the next five days. You''ll go insane, and you''ll be too fried to. Read More
Joyce Banda Son Roy Kachale Banda said the schools are not a political
Managing Director of Joyce Banda Foundation Schools, Roy Kachale Banda has said the schools are not . Read More
Responsive Web Design For Your Online Business Websites
In the event that you are searching for the Dedicated Responsive web designer or Responsive Web Desi. Read More
online admission to First Year Junior College in Mumbai
The first general merit list for online admission to First Year Junior College (FYJC) in Mumbai is o. Read More
Mzondi Lungu was announced winner with The Identity of Blood Money on
The Man Booker Prize for Fiction is a literary prize awarded each year for the best original full-le. Read More
B123 We Sales and Supplies for all of kind of gents wear like jeans, trousers, shirts, T-shirts, etc…of markable compnies on reasonable price with latest design andfibul
(unixf173aw) UNIX Info Service Pvt. Ltd. is an online marketing company, into SEO Training Institute, Internet Marketing Training, SEO & SEO Course in Ahmedabad for beginners and profes
These boosters are specially designed to provide better coverage up to the maximum 1500 sq ft. it repeats and ensure reliable coverage. It picks up the weak signals from the tower, enhance it by t
Using lots of money in television and newspaper''s advertisements, but till not have proper growth of your business? Now promote your business online at very reasonable price and increase your sal
PRITHVI129AI Franchisee Required For Ad Posting Job Want to earn 50000 per month by good marketing skill for home based work. Then here is opportunity from a really paying company. For more details vi