| By Maureen O'Gara | Article Rating: |
|
| January 17, 2013 08:30 AM EST | Reads: |
2,702 |
Online learning company Lynda.com has gotten $103 million in funding from Accel Partners and equity investor Spectrum Equity. Meritech Capital Partners also participated.
It's the first money Lynda has taken from the outside and is meant to push the 17-year-old company into the international arena, which will mean localization, and add to its curriculum. It expects to scale its web and video platform.

Its video learning platform, available in monthly and annual subscriptions, teaches computer skills such as 3D and animation, audio, business, design, development, home computing, photography, video and web and interactive design to individuals as well as corporate, government, school and university accounts.
It claims more than half of the Fortune 100, all branches of the US military and all cabinet-level departments of the federal government.
It has upwards of 200 full-time staff and more than 140 teachers who earn royalties from its shared revenue model.
Heavy on Adobe, Microsoft and Apple it's got a library of 87,000 videos used by a reported two million people.
Last year the company earned more than $100 million in revenue, up from $70 million in 2011, and has been profitable since 1997. Its subscriptions start at $25 a month.
Published January 17, 2013 Reads 2,702
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara
- Cloud People: A Who's Who of Cloud Computing
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- Swipe to See Your Account Balance with Groundbreaking Bank of the West Mobile Apps, Built on Mobiliti from Fiserv
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- AWS Going into a New Line of Work
- According to Nick Gholkar, Accounting Apps Make Conducting Business Easier
- GoBank Announces Timing of General Availability and National Distribution Relationships at FinovateSpring
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- Apple’s Key Rubber-Band Patent Found Invalid Again
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- Authors of McGraw-Hill Reading Wonders, Key Contributors to Development of Common Core State Standards, Speak on Literacy Issues at International Reading Association's 2013 Annual Convention
- How to Re-imagine Your Business for a Mobile World
- Cloud People: A Who's Who of Cloud Computing
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- Swipe to See Your Account Balance with Groundbreaking Bank of the West Mobile Apps, Built on Mobiliti from Fiserv
- Upcoming Domino's Pizza Investor Events
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Scripps Networks Interactive’s Popular Lifestyle Shows from HGTV, DIY Network, Food Network, Cooking Channel and Travel Channel Coming to Prime Instant Video and Amazon Instant Video
- RetailMeNot Shoppers Trend Report: While Over 8 in 10 U.S. Residents Cite Affordability as Their Top Vacation Priority, a Majority (58%) Could Waste Hundreds of Dollars by Booking Travel a la Carte
- Enter for a Chance to Win an Apple iPad Mini During the Grand Opening of Silverleaf, Taylor Morrison’s Latest New Home Community in Denver
- AWS Going into a New Line of Work
- Apple Ordered to Pay VirnetX $333K a Day
- According to Nick Gholkar, Accounting Apps Make Conducting Business Easier
- GoBank Announces Timing of General Availability and National Distribution Relationships at FinovateSpring
- Where Are RIA Technologies Headed in 2008?
- Sun Blew its "iPhone" Java Opportunity to AJAX
- Building an iPhone Application with Adobe AIR
- iPhone Will Make Mobile AJAX and Web 2.0 Happen
- AJAXWorld Conference Adds "iPhone Developer Track"
- Cloud People: A Who's Who of Cloud Computing
- Kindle 2 vs Nook
- Why Build Applications for the iPhone and iPod Touch?
- Designing For the "iPhone" Is a Refreshing Experience
- Apple iPad Reminds Us How Brands Succeed by Transforming Experiences
- New Column: A Geek's Bookshelf
- Android: Who Hates Google Over the Phone?



















