Online Learning Update

July 16, 2013

Open Online Learning Coursera Raises More Millions

Filed under: Online Learning News — Ray Schroeder @ 12:10 am

By Ry Rivard, Inside Higher Ed

Coursera, the largest provider of massive open online courses, has $43 million in new investment money, the company announced. One of Coursera’s co-founder, Daphne Koller, said the money will give the company a “sizable amount of runway” to expand its user base and continue developing its software platform. At least $10 million is meant to aide Coursera’s global expansion. Half of that comes from the International Finance Corporation, or IFC, a part of the World Bank Group. IFC’s $5 million is being matched by Laureate Education Inc., the higher education for-profit company that largely operates outside the United States.

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