by Rip Empson, TechCrunch
Udemy has attracted about 400K registered students and a quarter of its approved instructors have made at least $10K from selling their courses on the site — with some even seeing six-figure earnings. With Udemy taking 30 percent of those earnings, co-founder Eren Bali recently told us that, over the last nine months, the company has seen steady 20 percent month-over-month growth. Building on this consistent growth, the startup is announcing today that it has raised $12 million in series B financing, led by Insight Venture Partners. Existing investors Lightbank Capital, MHS Capital and Learn Capital all contributed to the round, which brings Udemy’s total funding to $16 million.
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