Coursera, a Mountain View, CA-based online education platform, has raised a $6m in Series A funding.
Backers include Caltech, and the University of Pennsylvania. Existing shareholders New Enterprise Associates and Kleiner Perkins Caufield & Byers made a further investment, which brings the total amount raised by the company in its Series A round to over $22m.
Founded in 2011 by Stanford Computer Science Professors Daphne Koller and Andrew Ng, Corsera provides universities with a comprehensive education platform that combines learning principles with video lectures, interactive content and a global community of peers.
The company has also announced that California Institute of Technology, Duke University, Ecole Polytechnique Federale de Lausanne, Georgia Institute of Technology, Johns Hopkins University, Rice University, UC San Francisco, University of Edinburgh, University of Illinois at Urbana-Champaign, University of Toronto, University of Virginia and University of Washington have signed agreements with Coursera to put their web-based courses online for free and create new opportunities for hands-on learning in the classroom.
The twelve universities joining the platform, which added to Princeton, University of Michigan, Stanford and Penn, will offer over 100 new courses on topics in the arts, computer sciences, health, mathematics, history, literature and other disciplines.
All courses will be free for any individual with a computer and Internet connection to enroll.
20/04/2012: Coursera Raises $16M in Venture Capital Funding