Tech Company Financing Transactions

Udemy Funding Round

Insight Venture Partners, Learn Capital and Lightbank joined a $12 million Series B capital raise for Udemy. The round was recorded on 12/7/2012.

Transaction Overview

Company Name
Announced On
12/7/2012
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors

Insight Venture Partners (Lead Investor) (Brad Twohig)

Learn Capital

Lightbank (Eric Lefkofsky)

MHS Capital (Mark Sugarman)

Proceeds Purpose
This round of funding will allow us to continue to build the most amazing and unique content library in the world, expand our content and platform offerings and capitalize on the disruptive market dynamics of MOOCs and other online learning platforms.

Company Information

Company Status
Publicly-held
Industry
EdTech
Mailing Address
600 Harrison St. 3rd Floor 400
San Francisco, CA 94107
USA
Phone
Undisclosed
Email Address
Overview
Udemy is a website that enables anyone to create an online course. Our goal is to provide our teachers with everything they could possibly need to create a great learning experience over the internet. Founded in 2008, we've worked hard for the past year to build this site and we hope you like it.
Profile
Udemy LinkedIn Company Profile
Social Media
Udemy Company Twitter Account
Company News
Udemy News
Facebook
Udemy on Facebook
YouTube
Udemy on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kevin Johnson
  Kevin Johnson LinkedIn Profile  Kevin Johnson Twitter Account  Kevin Johnson News  Kevin Johnson on Facebook
Chief Financial Officer
David Oppenheimer
  David Oppenheimer LinkedIn Profile  David Oppenheimer Twitter Account  David Oppenheimer News  David Oppenheimer on Facebook
VP - Bus. Development
Shannon Hughes
  Shannon Hughes LinkedIn Profile  Shannon Hughes Twitter Account  Shannon Hughes News  Shannon Hughes on Facebook
VP - Bus. Development
Richard Qiu
  Richard Qiu LinkedIn Profile  Richard Qiu Twitter Account  Richard Qiu News  Richard Qiu on Facebook
VP - Human Resources
Cara Allamano
  Cara Allamano LinkedIn Profile  Cara Allamano Twitter Account  Cara Allamano News  Cara Allamano on Facebook
VP - Operations
Frank Visciano
  Frank Visciano LinkedIn Profile  Frank Visciano Twitter Account  Frank Visciano News  Frank Visciano on Facebook
VP - Product Management
Archie Abrams
  Archie Abrams LinkedIn Profile  Archie Abrams Twitter Account  Archie Abrams News  Archie Abrams on Facebook


 

 

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Prev: 12/7/2012: Avelas Biosciences venture capital transaction
Next: 12/7/2012: Wright Therapy Products venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to record tech company VC transactions. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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