by Ingrid Lunden, Jonathan Shieber, TechCrunch
Codecademy, an online coding school with 16 million registered users, has built out its footprint without charging its students a penny to use it. Now, as more questions arise about how and when the startup might start monetizing its services, it is announcing $30 million in new funding that could be an indication of what might come next. Naspers, the (for-profit) media giant based out of South Africa, is leading the Series C round, which the company says it will use to continue to expand its product globally and to develop more platforms for using it, such as mobile.
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from Educational Technology http://people.uis.edu/rschr1/et/?p=16310
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