November 25, 2014

MOOCs: Coursera Raises Another $20 Million in Funding

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From AllThingsD:

After being founded just last year, online education startup Coursera turned heads this summer when it raised a $43 million Series B round.

Coursera’s current business model is selling verified certificates that students have completed its classes.

Turns out the final amount of the round was actually $63 million.

The company created by two Stanford professors told AllThingsD it had added $20 million more, with the delay from the previous close attributed to the fact that much of the money was coming from three university partners, who have long due diligence processes.

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Coursera now has a staff of about 70 people…

Coursera has not announced the names of the three university partners.

Read the Complete ATD Post

share save 171 16 MOOCs: Coursera Raises Another $20 Million in Funding
Gary Price About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.