Udacity, which expanded from classifying their courses as MOOCs to professional development "nanodegrees" in 2014, now has 1,000 graduates. The company is also working with the University of Washington and other universities on a new online program called Coursera, which will allow students to earn college credit by taking classes online. Udacity has raised $55m to date, and founder Sebastian Thrun reports the company was profitable last year, providing money to reinvest in the company.
Udacity, which expanded from classifying their courses as MOOCs to professional development "nanodegrees" in 2014, now has 1,000 graduates. According to Re/code, most Udacity students take around seven months to complete their nanodegrees in technical fields like software development and engineering, and 150 of the graduates have found new jobs with the credential so far. Udacity has raised $55m to date, and founder Sebastian Thrun reports the company was profitable last year, providing money to reinvest in the company.