Udemy Raises $50M In Series F Round

The company will utilize the fresh capital to grow its consumer and business product offerings to serve the world’s learners, organizations and instructors.

Online learning platform Udemy on Thursday announced that it has raised $50 million in a series F round of funding at a $3.25 billion pre-money valuation. The funds were raised from global edtech and growth funds including Learn Capital. The company will utilize the fresh capital to grow its consumer and business product offerings to serve the world’s learners, organizations and instructors.

Founded in 2009, Udemy helps any individual or organization to find an instructor who will help them to stay ahead. The company boasts that its instructors are real-world practitioners and has knowledge on the latest technologies and business strategies. Currently the company founded by Gregg Coccari has 35 million students globally and they learn from 57,000 instructors who teach over 130,000 courses.

Read More at Entrepreneur

Read the rest at Entrepreneur

Posted byarketyp