Udacity gets on course with $105m

Nov 12, 2015 • Robert Lavine

The online coding course provider reached unicorn status in a Bertelsmann-led round that also included Google Ventures.

US-based online coding education service Udacity raised $105m at a $1bn valuation yesterday, in a series D round led by media group Bertelsmann.

The round also included corporate venturing unit Google Ventures, as well as investment management firm Baillie Gifford, Emerson Collective, Andreessen Horowitz, Charles River Ventures (CRV) and Drive Capital.

Founded in 2011, Udacity provides online courses in programming it calls Nanodegrees, and has enrolled more than 11,000 students across 168 countries in the past year. Chief operating officer…

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