Udemy Lands $3,000,000 Series A Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cacb36aa-a3d6-48af-9a8b-3a4c1e3bce9f&Preview=1 -
Date
10/12/2011 -
Company Name
Udemy -
Mailing Address
Undisclosed Undisclosed, CA 94300 -
Company Description
Udemy is a website that enables anyone to create an online course. Our goal is to provide our teachers with everything they could possibly need to create a great learning experience over the internet. Founded in 2008, we’ve worked hard for the past year to build this site and we hope you like it. Everything is completely free, because we believe nobody should have to pay for Udemy unless they are making money themselves. -
Website
http://www.udemy.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,000,000 -
Transaction Round
Series A -
Proceeds Purposes
The company plans to use the new financing to hire new staff to primarily focus on marketing and business development. -
M&A Terms
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Venture Investor
Lightbank -
Venture Investor
500 Startups -
Venture Investor
MHS Capital Partners
