StraighterLine has been recognized as a revolutionary, innovative force in higher education by major news organizations and the U.S. Chamber of Commerce. Fast Company named StraighterLine one of the 10 Most Innovative Companies in Education , and our students have reported that our college credits have been accepted by hundreds of accredited colleges and universities nationwide.
With the new funding, he [Andrew Ng, Coursera co-founder] said, the company plans to focus on several key areas, including:
New mobile apps (coming in the next few months)
Deeper international expansion through translation and distribution partnerships
Opening up Coursera to enable third-party apps and integrations (long term, the plan is to open up APIs, but in the short term they'll enable university partners to integrate other apps with Coursera)
New features to encourage more collaboration between students
When I pointed this out on Twitter, Burck Smith of StraighterLine got it right when he said "Sounds like an LMS".