Mountain View, CA – July 10, 2013 – Coursera, a leading massive open online course (MOOC) platform, today announced that it has closed $43M in Series B funding from GSV Capital (NASDAQ: GSVC); International Finance Corporation (IFC), the investment arm of the World Bank; Laureate Education Inc., a company that operates high quality, innovative institutions of higher education through its global network; Learn Capital; and noted entrepreneur and venture capitalist Yuri Milner. These investors, spanning the sectors of Internet technology, education technology, and emerging world markets, align with Coursera’s efforts to build the technologies, institutional networks, and global communities necessary to transform global education access. Today’s announcement follows last year’s $22M Series A funding, which included investment by Kleiner Perkins Caufield & Byers and New Enterprise Associates, who will be furthering their investment in this round, as well as University of Pennsylvania and California Institute of Technology, two of Coursera’s University Partners.
"Coursera is on the forefront of transforming the $4.5 trillion dollar learning industry," said Michael Moe, Chairman and CEO of GSV Capital. "In the global marketplace, knowledge is the currency that provides people the opportunity to participate in the future. Coursera is democratizing access to the best universities and professors in the world."