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Udemy proffers an online learning platform for students, businesses, and governments. Millions of students are learning new skills from 57,000 expert instructors teaching over 150,000 online courses in a wide array of relevant topics from programming and data science to leadership and team building
Fremont, CA: Udemy, a San Francisco, CA-based global marketplace for learning and teaching online, raised $50 million in its Series E funding round from Japan-based Benesse Holdings, Inc., boosting the company’s valuation at $2 billion. Investors in the company include Insight Partners, Prosus (Naspers Ventures), Norwest Venture Partners, and Stripes.
The company plans to further invest in markets around the world and will expand its San Francisco headquarters as well as grow its offices in Denver, Colorado; Dublin, Ireland; Gurgaon, India; Sao Paulo, Brazil; and Ankara, Turkey.
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Founded in 2010, Udemy provides an online learning platform for students, businesses, and governments. Millions of students are learning new skills from 57,000 expert instructors teaching over 150,000 online courses in a vast array of relevant topics from programming and data science to leadership and team building.
Udemy also offers Udemy for Business, which provides an employee training and development platform with subscription access to 4,000+ courses, learning analytics, as well as the ability to host and distribute their own content. Customers include Adidas, Booking.com, Pinterest, Toyota, and Wipro, among others.
Also, Udemy for Government is designed to upskill workers and prepare them for the jobs of tomorrow.
“It has gone so well, Benesse, they wanted to invest more,” said Darren Shimkus, president of Udemy. “It validates a lot of the hard work we’ve done over the year and proves to us that we are on the right track.”
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