Udemy’s mission is to make top-quality content from the world’s experts available to anyone, anywhere. We’re thrilled to announce that we’ve raised $32 million in Series C financing to help Udemy grow and develop in some important ways. We’ll broaden and deepen our content library, expand our international presence and enhance product offerings. We’re also dedicating new funds to support Udemy’s dynamic community of instructors as they share top-notch content with students around the globe.
We’re amazed every day at the passion and dedication of our students and instructors. Thanks to our student and instructor community, we’ve hit some amazing milestones over the past year:
- More than 3 million students call Udemy home, with the number of Udemy students growing by over 50% since January of this year.
- Over 8,000 expert instructors have created more than 16,000 courses in ten languages.
- 30%+ of Udemy students consume courses on their iPhone, iPad and Android mobile devices.
- We launched Udemy for Organizations to help companies manage, develop and grow their teams. (…)
Many technology & news websites announced Udemy’s new Series-C funding.
Udemy Raises $32M to Teach ‘Lifelong Learners’ Online, Around the World [ Wall Street Jurnal ]
San Francisco education startup Udemy Inc. has raised $32 million in new venture funding, Chief Executive Dennis Yang said.
Norwest Venture Partners led the Series C investment in Udemy (pronounced like “you to me”), joined by the company’s earlier backers Insight Venture Partners and MHS Capital. The company has raised $48 million in venture capital to date. (…)
Long time player in the online learning space, Udemy, which has built a skills-based marketplace where individual tutors can sell their skills and learners can get access to courses (both paid and free), has just closed a $32 million Series C funding round, led byNorwest Venture Partners, with participation from existing investors Insight Venture Partners and MHS Capital.
Udemy raised $1 million in seed funding back in 2010 with its pitch to democratize online learning, pulling in further tranches of cash — including a $12 million in Series B funding at the end of 2012. It’s raised $48 million in total to date.
While traditional academic institutions have been putting courses online, via the MOOCs movement powering the likes of EdX and Coursera, Udemy is a marketplace where any individual with skills to sell can create and upload courses. It also offers tools for tutors to build the courses — making it closer to a startup such as Eliademy than the MOOCs giants. (…)