Coursera Secures $64 Million

Edtech startup Coursera completed $64 million in Series D financing. Six investors participated in the round, including GSV Capital, New Enterprise Associates, Kleiner Perkins Caufield & Byers, Learn Capital Venture Partners and The Lampert Foundation.

Coursera is an online education company that serves more than 20 million registered learners by partnering with 140 of the world’s best universities and educational institutions, including Stanford, Yale, and Princeton. Coursera offers more than 1,000 online courses and specializations in dozens of fields with the goal of helping people achieve meaningful career, educational and personal enrichment goals throughout their lives.

The company revealed that it will use the latest round to fund efforts in its fast-growing enterprise business (Coursera for business), to expand its Master’s degree portfolio, and to accelerate product innovations that take advantage of the platform’s unmatched scale.