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Lynda.com Inks Massive, $103M Funding Round

socalTECH

Lynda.com , the online video education provider which has been one of the region's most successful, bootstrapped companies--is no longer bootstrapped, after inking a massive, $103M growth equity round. The business saw a dramatic growth when--due to the downturn of the dot com crash--the company started to post its video online.

Funding 178
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What Lynda.com Plans With Its $103M Funding, with Eric Robison

socalTECH

Last week, Carpinteria-based Lynda.com announced one of the biggest investments in the region in the last few years--a $103M, growth equity investment in the company, which came from Accel Partners and Spectrum Equity. Eric Robison: The company grown last year to exceed $100M in topline revenue. Tell us a bit on the investment?

Funding 164
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VC Confessions: We Passed On Twilio’s Seed Round

InfoChachkie

This latest round valued the company in excess of a billion dollars, entering them into the overly-hyped Unicorn Club. In contrast, low-volume, high-conviction investors like Rincon only invests in a handful new companies each year, making it much more costly (in dollars and effort expended) to invest in a loser. billion).