Online learning company Lynda.com has won $103 million in new funding from venture capital firm Accel Partners and equity investor Spectrum Equity, the company said on Wednesday, Reuters reports. The cash infusion, which marks the company's first outside funding, will allow the company to expand internationally, add new content areas, and improve its Web and video platforms, said Eric Robison, the firm's Chief Executive Officer. Founded in 1995, Lynda.com offers online training and instruction videos. Unlike rivals such as Khan Academy, it charges a subscription fees for its content, starting at $25 per month. Clients include schools, universities, more than...

Subscribe to Read More

Are You an Educator?

Get Free online access to all our
news and resources and get
eSchool News Today email newsletter

About the Author:

staff and wire services reports