As a keen follower of all things edtech you will likely have noticed that MOOC platforms like Udacity and now Coursera are moving away from classic higher education subjects and increasingly into tech skills. Startups like Udemy served that vertical early on. If you think about it, it is somewhat a self-fulfilling prophecy that a Silicon Valley startup is serving the ecosystem it exists in.
Udemy, a global marketplace for online courses, has raised a $65 million Series D led by Stripes Group, with participation from Norwest Venture Partners (NVP) and Insight Venture Partners. Stripes Group Founder and Managing Partner Ken Fox will join Udemy’s Board of Directors.
The Series D comes one year after a $32 million Series C and shortly after LinkedIn’s acquisition of Udemy’s main competitor, lynda.com for $1.5 billion.
WordPress, the content management software created by Matt Mullenweg, already powers over 23% of all websites on the Internet.
With the acquisition of WooThemes the company has now the potential to become a major player in the online education market, both in terms of reach and revenue.
Global education marketplace Udemy announced the launch of its Teacher Tech Initiative at the fifth annual White House Science Fair. Through the initiative K-12 teachers in the United States get access to free and heavily discounted computer technology courses on the platform.
21 months have gone by since our last report on how much top course creators on the online learning platform can make. That definitely qualifies for an update as Udemy shared new data on its course creator earnings.
At the time of our first post, Udemy’s Top 10 course creators had earned a combined $5 million with the top person having made $450k over the course of two years.