Coursera Secures $64M in Series D to Fuel Enterprise Business, Global Reach, and Product Innovation
MOUNTAIN VIEW, Calif.–(BUSINESS
- June 7, 2017
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Today, Coursera announced it has closed $64 million in a Series D funding round, taking the company's total capital raised to date to $210.3 million. Coursera will use the latest round to fund efforts in its fast-growing enterprise business (Coursera for Business), to expand its master’s degree portfolio, and to accelerate product innovations that take advantage of the platform’s unmatched scale with over 26 million registered learners globally. In strong support for the company’s direction, the majority of the funding for this round came from existing investors—GSV Asset Management, New Enterprise Associates (NEA), Kleiner Perkins Caufield Byers (KPCB) and Learn Capital. The Lampert Foundation participated as a new investor.
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