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Coursera Raises $3.7 Million, Collaborates With 12 New Universities

Online courses has become a very popular concept as the popularity of Khan Academy rise to fame by offering such a mode of education. Such online education is also popular because it is globally accessible and many of the ventures offer courses from some very reputed universities. The latest to be included on this list is Coursera.


Coursera started off with very reputed partners which included the likes of Stanford and Princeton. Naturally, it was able to attract a lot of attention. The startup initially raised $16 million to launch and offered 37 undergraduate and graduate courses in the beginning.

Coursera witnessed a very good response and a fair sized enrollment to its courses, which bolstered it to prominence on the web. Now, the company seems to have plans of carrying forth this success. It has now been able to raise $3.7 million from the likes of Caltech,  Penn and other investors.

Currently, Coursera boasts 1.5 million students enrolled to its courses, which is a  huge number! Moreover, there are 680,000 registered students. The good news are that there are a number of new institutions on board with Coursera, which is definitely going to let this startup broaden the scope of its courses.

The new universities which are partnering with Coursera are: Georgia Tech, Duke University, University of Washington, Caltech, Rice University, University of Edinburgh, University of Toronto, EPFL – Lausanne (Switzerland), Johns Hopkins University (School of Public Health), UCSF, University of Illinois Urbana-Champaign, University of Virginia.

Source:  Coursera

Courtesy: TNW

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