Udacity Raises $35M in Funding
Summary
Udacity, a Mountain View, CA-based online education startup, raises $35m in funding.In conjunction with the funding, Drive Capital co-founder Mark Kvamme joined Udacity’s board of directors.The company plans to use the funds to focus on nanodegrees, a new type of credential for students to gain skills recognized by employers around the world.Led by Sebastian Thrun, co-founder and CEO, Udacity builds technology classes that are designed to advance lifelong learning.The company currently has close to 3 million enrollments from 119 countries for its online classes that are built with industry leaders like Google, Facebook, AT&T, Cloudera and MongoDB, among others.
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