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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. According to Eric Robison, the firm's CEO, the funding round will go towards increasing the firm's global reach and expanding content.

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Want to Start a Technology Company in LA?

Both Sides of the Table

Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity. You can hire a talented head of marketing, business development, technology and sales. So it’s always a trade-off.

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