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Now, with $16 million in venture capital funding from Kleiner Perkins Caufield & Byers (KPCB) and New Enterprise Associates (NEA), the two professors officially launched Coursera, their new online education company that includes partnerships with Princeton University, Stanford University, the University of Michigan and the University of Pennsylvania to offer web-based classes on the Coursera platform for free. A total of 37 undergraduate and graduate-level courses across a broad range of disciplines will launch this spring.

Building on positive faculty and student feedback from comparative product evaluations during 2010-11, Wharton Computing has selected the Instructure Canvas LMS as the next-generation replacement for course web sites, assignments and grading activities currently performed using webCafé.