More Moolah for MOOCs: Coursera Raises Another $20M

See on Scoop.itLearning Happens Everywhere!

Three of Coursera’s university partners (which ones, it’s not saying) invested in the latest round.

 

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.

See on allthingsd.com

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