Online Education Platforms Have Become a Necessity for Many People as a Result of COVID-19

DUBLIN, Nov. 27, 2020 /PRNewswire/ -- ResearchAndMarkets.com published a new article on the education industry "Online Education Platforms Have Become a Necessity for Many People as a Result of COVID-19"

Online education platforms have become a necessity for many people to fill the gaps left by closed schools and universities during the COVID-19 pandemic. This has given a huge boost to education startups, many of which are raising money to capitalize on the opportunity. Udemy which provides a marketplace of video based courses across 65 languages, is reported to be rising up to $100 million in a Series F round of funding that would value the company at up to $3.32 billion. The company offers courses to individual and business users with total course enrollments reaching approximately 400 million to date.

Last week Udacity, an online course provider that popularized the idea of "nanodegrees" in subjects like artificial intelligence and cloud computing secured $75 million in the form of a debt facility which will be used to continue developing its platform and to target more business customers. In October, Kahoot, a gamified e learning platform, announced a $215 million funding round from SoftBank while in September Outschool a provider of small group online classes raised $45 million in a Series B funding round led by Lightspeed Venture Partners.

To see the full article and a list of related reports on the market, visit "Online Education Platforms Have Become a Necessity for Many People as a Result of COVID-19"

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/online-education-platforms-have-become-a-necessity-for-many-people-as-a-result-of-covid-19-301181168.html

SOURCE Research and Markets