Raises $103 Million of Funding

  • Posted By:
  • 0 Comments... What do you have to say?

Seed: $103,000,000

Founded: 1995

More Here

Carpinteria, California –, the pioneer and leader in online education offering classes on software, creative, and business skills to achieve personal and professional goals has raised $103 million in funding from Accel Partners, Spectrum Equity and Meritech Capital Partners.

“We’re fortunate that our financial performance and profitability over the years has enabled us to reinvest in the ongoing growth of the company,” said Eric Robison, president and CEO of “Our decision to accept outside funding will support as we expand internationally. It will also add value to our membership with broadened content areas and accelerated scaling of our Web and video platform.” is self funded since its inception 17 years ago and this is the first time that the company accepted an outside funding. The huge funding will be used to expand internationally and offer new courses that will also be available in non-English language.


Funding Total: $103,000,000

Round Date Amount Pre Amount Post Amount
Seed 01/2013 $103,000,000
Investors: Accel Partners, Spectrum Equity, Meritech Capital Partners

See all fundings here


See an Error? Contact Us

Comments are closed.

venture capital update google plus page Get updates on Google Plus
venture capital update on facebook Get updates on Facebook
venture capital update on twitter Follow fundings on Twitter
venture capital update on pinterest Visit our Pinterest Page

Subscribe here
TwitterCounter for @longest

Follow here

Venture Capital News


Site Information

    About: I work at Phase One Accelerators and you can find me on and at Brian Longest on LinkedIn.

    Share Us on