Coursera raises $103M in Series E funding led by SEEK Group
25 April 2019 8:49 AM GMT
The online edtech platform Coursera has raised funding of $103 million led by SEEK Group, and existing investors Future Fund, and New Enterprises Associates (NEA). The funding will be used for international expansion.
- Existing investors Future Fund, and New Enterprises Associates (NEA) also participated in this round of funding.
- On the funding, Jeff Maggioncalda, CEO, Coursera, said in a statement, "The additional funding gives us the resources and flexibility to further expand internationally and to accelerate the development of a learning platform that currently serves 40 million learners, 1,800 businesses, and over 150 top universities."The global edtech platform had last raised its Series D funding.
- Jeff said that the fourth industrial revolution has brought in advancement in AI and automation, which in turn, is reshaping jobs and businesses.
- Therefore, Coursera is helping companies, individuals and even governments prepare and skill themselves for new jobs and opportunities.
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