EdTech Startup CreativeLive Secures $25 Million
CreativeLive, an education streaming company, announced it has raised $25 million in financing. Seven investors participated in the round, including GSV Capital, REV, Greylock Partners, Social Capital, and Creative Artists Agency.
CreativeLive is the world’s largest live streaming education website. The company offers free live online classes taught by the world’s most inspiring instructors, as well as on-demand classes that can be purchased. CreativeLive’s instructors include New York Times bestselling-authors, Pulitzer Prize winners, Emmy-nominated directors, and award-winning professionals in photography, design, craft, business and other disciplines.
In its announcement, CreativeLive, which has offices in San Francisco and Seattle, said it will use the cash infusion to refine and improve its products, including its live and on-demand video platform. CreativeLive is also increasing its outreach to enterprises.