vp

ISSUE – Oct. 31 | Coursera has ousted several senior executives along with rank-and-file staffers

Coursera, the online education company that has raised more than $200 million in venture capital, has quietly ousted several top-level executives, including the chief marketing and financial officers, as well as letting go a number of staffers, according to a source.

A much-buzzed-about online education platform, Coursera only five months ago announced it had received over $60 million in new investments and that 26 million people worldwide had registered for courses. Led by new CEO Jeff Maggioncalda, the company is reportedly valued at around $800 million and backers have included top Silicon Valley venture firms like Kleiner Perkins Caufield & Byers and NEA. [ Recode ]

ad

ad