Online Learning Update

November 30, 2013

Coursera lands $20 million in new funding, despite online education turmoil

Filed under: Online Learning News — Ray Schroeder @ 12:02 am

by Lauren Hepler, Silcon Valley Business Journal

Stanford-bred online education startup Coursera has announced an additional $20 million in funding, bringing its total Series B haul to $63 million. News of the additional $20 million was delayed because of added due diligence requirements for investments from three unnamed universities that use Coursera technology. The university funding is not a first for the startup, since the University of Pennsylvania and California Institute of technology previously invested in the company, a Coursera spokesperson said. GSV Ventures and Learn Capital also contributed to the newly-announced funding.

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