Coursera Raises $49.5M in Series C

What does Coursera do?

Coursera, is an educational company which partners wiht organizations and universities all over the world to offer free massive open online courses. It the largest platform open access, high quality education online.  This company offers courses online for anyone interested, for free. The company’s technology enables its partners in teaching millions of students instead of hundreds. The company’s mission is to providing everyone an access to a world class education that has so far only been available to a privileged few. It empowers people with education which will improve lives of the people taking the courses, their families and the communities in which they live.

How much Coursera was funded?

The company raised $49.5M in Series C funding on August 25, 2015 from New Enterprise Associates (Lead), Kleiner Perkins Caufield & Byers, International Finance Corporation and Times Internet

Previous funding

• $16M in Series A funding on April 18, 2012 from Kleiner Perkins Caufield & Byers Partner: John Doerr, New Enterprise Associates and Partner: Scott Sandell
• $6M in Series A funding on July 17, 2012 from Kleiner Perkins Caufield & Byers Partner: John Doerr and New Enterprise Associates Partner: Scott Sandell
• $43M in Series B funding on July 10, 2013 from GSV Capital, Laureate Education, Inc., International Finance Corporation, World Bank, Learn Capital and Yuri Milner
• $20M in Series B on November 24, 2013 from GSV Capital and Learn Capital

What is next for Coursera?

The company is focussing on its international growth as it is working on addressing huge demand for high quality learning. It plans to use the funding for sourcing its new content, expanding its global reach and to continue to improve its learning experience for people of all backgrounds.

More about Coursera

Coursera was founded in 2012 by Daphne Koller and Andrew Ng. It has its headquarters in Mountain View, CA