Udacity Grows A Horn

He did it.  Sebastian Thrun has had a breathtaking impact on the education technology landscape: Just about five years ago, his Stanford-based online class in artificial intelligence became a MOOC looked at ’round the world. Today, Thrun said his company, Udacity, has raised $105 million in a Series D round, a deal that values the company at the unicorn level of $1 billion.  German-based media conglomerate, Bertelsmann, led the round and Kay Krafft, CEO Bertelsmann Education Group, will join the Udacity board. Other new investors included: Scotland’s Baillie Gifford, Emerson Collective and Google Ventures. Existing investors Andreessen Horowitz, Charles River Ventures, and Drive Capital also took part. The round effectively doubles the capital Udacity had previously raised, totalling $160 million. (Also worth noting: Bertelsmann is muscling up in education. In September, Bertelsmann became the biggest investor in Hot Chalk, which is…


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