Wednesday, February 26, 2014
Lynda.com's Lynda Weinman Backs EdSurge
Lynda Weinman, the co-founder of online video education site Lynda.com, is one of the angel backers in a funding round for online education-technology news publisher EdSurge. EdSurge said this morning that it had raised $1.5M in a funding round, from a number of investors--including Lynda Weinman, who bootstrapped Carpinteria-based Lynda.com into one of the largest online video education sites in the industry, and one of the region's unsung success stories. The investment looks to be the first, publicly disclosed investment for Weinman, who grew the company from her personal website to over $100M in revenues and more than 400 employees. EdSurge's lead investor was GSV Capital, and the investment also included NewSchools Venture Fund, LearnCapital, Nancy Peretsman, Judy Estrin, Gillian Munson, Kelly Pope and David Bulfer, Joe Gleberman, George Anders, Bud Colligan, Jennifer Fonstad and Martha Ehmann Conte, Imagine K12, John Katzman, Alan Louie, Tim Ranzetta, along with Weinman. More information »