- Japanese MOOC provider Schoo raised $1.5 million (152 million yen) in its latest investment round, led by Itochu Technology Ventures, Anri and Incubate Fund.
- Schoo, which was founded in 2012, is based in Tokyo and offers 130 different online courses to over 40,000 registered users.
- Schoo is focused solely on a Japanese user base and is aiming to broaden its appeal beyond office workers in their late-20s and early-30s as it attempts to pass one million users by the end of 2013.
From the article:
... Schoo CEO Kenshiro Mori told Startup Dating the firm is transitioning its service into one that can be used as a learning platform by organizations — rather than targeting individual learners. It already makes money from livecasting and e-commerce services, but he believes the startup will see greater returns and progress if it operates on a wider scale. ...