Educational Technology

November 8, 2012

Udacity Just Raised A Staggering $15 Million In Funding

Filed under: Educational Technology — admin @ 12:35 am

by Jeff Dunn, Edudemic

The money is flying around MOOCs like you wouldn’t believe. One of the leaders in the Massive Open Online Course (MOOCs) industry, Udacity, just raised a staggering amount of money to help propel its vision of increasing the depth and breadth of its online offerings. Udacity, the online learning platform founded by former Stanford professor / Google X founder Sebastian Thrun, made the big announcement yesterday. In it, he disclosed that some of the biggest names in venture capital are now on board the Udacity train. They include Andreessen Horowitz, Charles River Ventures, and Steve Blank. In total, Udacity has now raised more than $22 million. Udacity is currently seeing more than 750,000 enrolled students (since January) and currently offers 14 courses. Doing the math, that’s a lot more students than you could ever fit into a physical classroom.

http://edudemic.com/2012/10/udacity-just-raised-a-staggering-15-million-in-funding/

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