Udacity Receives $15,000,000 Series B Financing

  • Feed Type
  • Date
    10/26/2012
  • Company Name
    Udacity
  • Mailing Address
    2390 El Camino Real Palo Alto, CA 94306
  • Company Description
    Udacity is a totally new kind of learning experience. You learn by solving challenging problems and pursuing udacious projects with world-renowned university instructors (not by watching long, boring lectures).
  • Website
    http://www.udacity.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    With the new funding, the company said it plans to enhance its interactive course architecture, including adding new environments for programming classes and scaling course and student analytics.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Charles River Ventures
  • Venture Investor
    Individual Investor

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