A growing backlash and simmering resentment among some faculty toward massive open online courses (MOOCs), coupled with low retention rates, means the technology’s future, and its ability to change higher education, is not yet certain.
But a handful of investors have enough faith in the much-hyped movement that they have just given more than $40 million to MOOC platform Coursera.
The funds come from GSV Capital, International Finance Corporation, Laureate Education, Inc., Learn Capital and venture capitalist Yuri Milner. Altogether, $43 million was raised during Coursera’s Series B funding.…Read More