Udacity Receives $15,000,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ed370110-d0b5-4502-a31e-e1108dd948ca&Preview=1 -
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
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Venture Investor
Andreessen Horowitz -
Venture Investor
Charles River Ventures -
Venture Investor
Individual Investor
