Investors Open Their Wallet For Lynda.com

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Posted 3 years ago

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Investors Open Their Wallet For Lynda.comLynda.com has received investment in the amount of $186 Million.

Lynda.com provides online video tutorials.

The funding came from TPG Capital.

Eric Robison, the chief executive of Lynda.com said “We find that once we get into a company, whether it’s a state government or an academic institution, it tends to be bottom-up…We start small and then we expand. Learners are invested in making sure their skills are up-to-date and there’s a lot to stay up-to-date on.”

Lynda.com has been profitable since 1997; bringing in over $150 million in revenue in 2014.

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