Lynda.com Raises a Whopping $103M in First Outside Funding for Video Lessons

Investors tend to like companies that had than $100 million in revenue last year.
Lynda.com

In a Twist, Udacity Will Offer Cheap, Remedial Public School Algebra Courses

Udacity’s MOOCs aren’t just for aspirational personal enrichment anymore.
SJSU

Education Site Pluralsight Raises First Outside Funding Ever: $27.5M

The thing about suddenly hot start-up categories is that they’re often home to under-the-radar companies that have been around for years just making it happen.
AaronSkonnard-feature

News Byte

Udemy Raises $12M for Online Education Clearinghouse

Udemy, the marketplace for on-demand online courses, has attracted $12 million in Series B funding led by Insight Venture Partners and including Lightbank and MHS Capital. The San Francisco-based company says it has 5,000 courses and 500,000 students, with instructors collectively earning millions of dollars.

News Byte

Coursera Signs 12 More Universities to Bring Classes Online

Coursera, part of the current bumper crop of college-level online education projects, seems to be off to a quick start. The company is announcing that it has 1.5 million enrollments, will add courses from 12 more universities, and has raised $3.7 million more from investors including Caltech and University of Pennsylvania.

UniversityNow: Another VC-Backed Online College, but This One’s Not Elite

UniversityNow has $17.3 million in new funding to open its network of affordable online colleges for adults.
UniversityNow CEO Gene Wade