Udemy Secures $32,000,000 Series C Funding

  • Feed Type
  • Date
    5/8/2014
  • Company Name
    Udemy
  • Mailing Address
    640 2nd Street 2nd Floor San Francisco, CA 94107 USA
  • 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.
  • Website
    http://www.udemy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $32,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company, which has grown its revenue 300 percent over the past 12 months, plans to use the new capital to broaden and deepen its content library, expand its international presence and enhance product offerings. Udemy will also use funds to enhance its course creation and teaching platform, including enhanced tools to help instructors engage more deeply with current and future students. New teaching features include more robust instructor analytics for existing instructors and tools to further ease the course creation experience for experts around the world.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

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