Coursera lands $20 million in new funding, despite online education turmoil - Lauren Hepler, Silcon Valley Business Journal

Stanford-bred online education startup Coursera has announced an additional $20 million in funding, bringing its total Series B haul to $63 million. News of the additional $20 million was delayed because of added due diligence requirements for investments from three unnamed universities that use Coursera technology. The university funding is not a first for the startup, since the University of Pennsylvania and California Institute of technology previously invested in the company, a Coursera spokesperson said. GSV Ventures and Learn Capital also contributed to the newly-announced funding. All told, the provider of Massive Open Online Courses, or MOOCs, has raised $85 million since April 2012 — far outpacing competitors in the MOOC field like Udacity and Udemy, which have raised $20 million and $16 million in venture capital, respectively. http://www.bizjournals.com/sanjose/news/2013/11/22/coursera-lands-20-million-in-new.html