Coursera, co-founded by Stanford Computer Science Professor Daphne Koller, Raised $3.7 million in new Funding

Coursera, the company co-founded by Stanford Computer Science Professor Daphne Koller that works with top universities to offer free courses online, raised $3.7 million in new funding. Investors included Caltech and the University of Pennsylvania, and investments from New Enterprise Associates and Kleiner Perkins Caufield & Byers. Daphne, who is also the company's Co-CEO, founded the company in 2011 and since then 680,000 students from 190 countries have enrolled in over 40 courses. Universities participating with Coursera include Princeton, U Michigan, Stanford, Duke, Rice, UVA, and University of Toronto. Read more about the deal and see more of the schools participating in the marketwire press release.