Open access education platform Coursera has reached the second close of its Times Internet-backed series C round after securing a commitment by EDBI.
Coursera, a US-based service that offers online classes from universities, boosted a series C round featuring media conglomerate Times Group to $61.1m yesterday, after securing funding from Singaporean state-owned fund EDBI.
EDBI, the investment vehicle of Singapore’s economic development board, joined investors that provided $49.5m for the round’s first tranche, which closed in August this year.
The series C round is being led by New Enterprise Associates (NEA), and also includes Times Group subsidiary Times Internet, International Finance Corporation…
