Coursera secures $64 mn funding from GSV Asset Management, New Enterprise Associates (NEA) and Kleiner Perkins Caufield Byers (KPCB), among others

The current Series-D funding round includes GSV Asset Management, New Enterprise Associates (NEA), Kleiner Perkins Caufield Byers (KPCB) and Learn Capital, all existing investors. The Lampert Foundation comes onboard as a new investor and is a prominent investor in health and education philanthropy. 

The latest round will be used to fund efforts in its enterprise business to expand its master’s degree portfolio, and to accelerate product innovation. It takes the total funding raised by Coursera to just over $210 million.

“As the industry leader in online higher education, we have a massive opportunity ahead of us in preparing people, companies, and governments to respond to the changing nature of jobs and to take on the urgent challenges of workforce transformation. This round of funding enables us to continue innovating across our platform to deliver better learner outcomes, and to accelerate the momentum we have in our new initiatives — enterprise and degrees,” said Rick Levin, CEO.

Coursera, founded in 2012, has clocked 26 million registered users across its different courses and other offerings. Coursera's portfolio of courses includes 2,000 courses in 180 specializations; master’s degrees in business, computing, innovation and accounting; and courses for enterprises and nonprofits. Coursera has 150+ university partners.

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Image courtesy – coursera.org