Coursera gets $20 million in funding

Dive Brief:

  • Coursera has raised $20 million in new funding, bringing their total to $85 million since April 2012.
  • The money comes in large part from three university backers that the company did not reveal.
  • The company also announced two new hires from Netflix.

Dive Insight:

The news of the funding comes as Udacity pivots to focus more on vocational training, a move that Coursera co-CEO Daphne Koller says could have value: "If Udacity [and edX] want to go in another direction, I think it’s useful that people are exploring different areas.” 

Filed Under: Higher Ed Technology Online Learning
Top image credit: flickr user Dawn Endico