Tech Company Financing Transactions

Udacity Funding Round

Andreessen Horowitz, CRV and private investors participated in a $15 million Series B funding round for Udacity. The round was announced on 10/26/2012.

Transaction Overview

Company Name
Udacity
Announced On
10/26/2012
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors

Andreessen Horowitz (Lead Investor) (Peter Levine)

CRV (George Zachary)

private investors (Steven Blank)

Proceeds Purpose
With the new funding, the company said it plans to enhance its interactive course architecture, including adding new environments for programming classes and scaling course and student analytics.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
2440 El Camino Real 6th Floor
Mountain View, CA 94040
USA
Phone
Undisclosed
Website
www.udacity.com
Email Address
[email protected]
Overview
Udacity is a totally new kind of learning experience. You learn by solving challenging problems and pursuing udacious projects with world-renowned university instructors (not by watching long, boring lectures).
Profile
Udacity LinkedIn Company Profile
Social Media
Udacity Company Twitter Account
Company News
Udacity News
Facebook
Udacity on Facebook
YouTube
Udacity on YouTube

Management Team

Title
Name
Email & Social
Chairman
Sebastian Thrun
  Sebastian Thrun LinkedIn Profile  Sebastian Thrun Twitter Account  Sebastian Thrun News  Sebastian Thrun on Facebook
Chief Executive Officer
Gabe Dalporto
  Gabe Dalporto LinkedIn Profile  Gabe Dalporto Twitter Account  Gabe Dalporto News  Gabe Dalporto on Facebook
Chief Financial Officer
Seamus Hennessy
  Seamus Hennessy LinkedIn Profile  Seamus Hennessy Twitter Account  Seamus Hennessy News  Seamus Hennessy on Facebook
Chief Marketing Officer
Kenny Kim
  Kenny Kim LinkedIn Profile  Kenny Kim Twitter Account  Kenny Kim News  Kenny Kim on Facebook
Chief Technical Officer
James Richards
  James Richards LinkedIn Profile  James Richards Twitter Account  James Richards News  James Richards on Facebook
Vice President
Hisham Elaraby
  Hisham Elaraby LinkedIn Profile  Hisham Elaraby Twitter Account  Hisham Elaraby News  Hisham Elaraby on Facebook
Vice President
Blake Tablak
  Blake Tablak LinkedIn Profile  Blake Tablak Twitter Account  Blake Tablak News  Blake Tablak on Facebook
VP - Human Resources
Grace Rhee
  Grace Rhee LinkedIn Profile  Grace Rhee Twitter Account  Grace Rhee News  Grace Rhee on Facebook
VP - Product Management
Alper Tekin
  Alper Tekin LinkedIn Profile  Alper Tekin Twitter Account  Alper Tekin News  Alper Tekin on Facebook

 

 

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Prev: 10/26/2012: ZS Pharma venture capital transaction
Next: 10/29/2012: Meteor Entertainment venture capital transaction

 

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