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Moolah for MOOCs, Coursera Raises Another $20M

Coursera is also on top of the buzziest trend in edtech: MOOCs — or massive open online courses — which aim to democratize education by making lectures from quality professors widely available. (source infra)

More Moolah for MOOCs -- Coursera Raises Another $20M - Liz Gannes - News - AllThingsD: "Coursera, with 5.5 million students taking classes from 100 universities and institutions, is one of the largest companies in a crop of ed-tech startups. Learn Capital partner Rob Hutter observed that at least 60 technology startups in the education space were venture funded in 2012...globally the market for education is $4.6 trillion, and the total market capitalization of companies in the space is just $50 billion...In some ways, Coursera is the last big MOOC standing. Udacity, which was also founded by a Stanford professor — Sebastian Thrun — has refocused on classes that help prepare people for jobs in the technology industry. And edX, the nonprofit version of Coursera that originated at Harvard and MIT, now seems somewhat more focused on open-source MOOC tools. (EdX started with $60 million from its founding universities, while Udacity has raised $20 million from venture capitalists.)...Coursera now has a staff of about 70 people, and it is making some money by selling verified certificates that students can use to show they’ve completed a MOOC...."

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