‏إظهار الرسائل ذات التسميات Udemy. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات Udemy. إظهار كافة الرسائل

Udemy Bolsters Leadership Team With Two New Hires

Welcomes Karen Fascenda as Chief People Officer and Nathan Blain as General Manager of Cohort Learning

SAN FRANCISCO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a company dedicated to improving lives through learning, today announced two new additions to its leadership team, welcoming Karen Fascenda as its Chief People Officer and Nathan Blain as General Manager of Cohort Learning. Together, these leaders bring more than 60 years of experience to the online learning platform, joining Udemy during a time of pivotal growth as individuals and organizations continue to embrace the power of learning.

“People are at the core of everything we do and Udemy would not be where it is today without our employees,'' said Gregg Coccari, Chairman and CEO at Udemy. “It is imperative that we continue to invest in them, creating a diverse and inclusive workplace environment that embraces a true culture of learning. We look forward to partnering with Karen to help us continue this work as we enter this new chapter for our organization.”

Fascenda is a tenured human resources professional, bringing more than 20 years of experience in organizational development to Udemy, where she will be responsible for driving the company’s global people strategy to enhance employee engagement, talent retention and career development as she continues to promote a strong and inclusive company culture.

“One of the first things that drew me to Udemy was the deep support and compassion that the company provides to its employees,” said Fascenda. “Their people-first approach has generated a rich culture built around continuous learning, allowing anyone, anywhere, to prioritize their professional and personal development. I’m excited to join such an impact-driven organization and leverage my extensive knowledge in human resources to continue stewarding this work, building an effective people strategy that can scale with Udemy as it reaches new milestones.”

Fascenda most recently served as Vice President of People at Gopuff, overseeing the company’s People and Culture teams, tasked with delivering high-caliber people strategies to promote employee engagement and build a strong culture of diverse talent and experience. Prior to joining Gopuff, Fascenda held an array of leadership roles at companies such as Comcast, eBay Enterprise and Siemens. Fascenda holds a master’s degree in organizational dynamics from University of Pennsylvania and a bachelor’s degree in liberal arts from West Chester University of Pennsylvania.

Coccari continued, “The nature of workplace learning has continued to change as companies keep pace with innovation despite growing skills gaps––which they’re increasingly leveraging platforms like Udemy to fill. Nathan’s extensive experience in strategy development and digital transformation will play a critical role as we accelerate our partnerships with organizations across the globe to help them adopt a true learning mindset. We are thrilled to be welcoming Nathan to the team during a time of such pivotal growth for Udemy.”

Blain is a leading corporate strategy expert bringing more than 40 years of industry experience to Udemy, where he will be responsible for overseeing the company’s cohort learning division, driving increased adoption for its leadership development programming which promotes high-impact learning amongst its corporate customers.

“It’s an honor to be joining such a mission-driven and forward-thinking company during a time of monumental change across the learning landscape as organizations become increasingly focused on prioritizing the upskilling and reskilling of their workforce,” said Blain. “Udemy is a true industry pioneer that is redefining the idea of cohort learning for a digital world, and I look forward to driving stronger relationships with Udemy’s new and existing customers to help them prepare for the next wave of innovation to remain ahead of the curve.”

Blain joins Udemy from Korn Ferry where he founded the Organizational Strategy practice and served as a Senior Client Partner. There, he helped Fortune 500 clients overhaul their businesses through refreshed organizational and workforce strategies to increase the speed of digital transformation. Prior to joining Korn Ferry, Blain held several leadership roles at companies such as CEB and Oliver Wyman. Blain holds an M.B.A. in general management from Stanford University and a bachelor’s degree in Latin American studies from Georgetown University, where he taught as an adjunct professor for the McDonough School of Business for eight years.

About Udemy

Udemy (Nasdaq: UDMY) improves lives through learning by providing flexible, effective skill development to empower organizations and individuals. The Udemy
marketplace platform, with thousands of up-to-date courses in dozens of languages, offers the tools learners, instructors and enterprises need to achieve their goals and reach their full potential. Millions of people learn on the Udemy platform from real-world experts in topics ranging from programming and data science to leadership and team building. Udemy Business enables employers to offer on-demand learning for all employees, immersive learning for tech teams and cohort learning for leaders. Udemy Business customers include Fender®, Glassdoor, On24, The World Bank and Volkswagen. Udemy is headquartered in San Francisco with hubs in Ankara, Türkiye; Austin, Texas; Boston, Massachusetts; Denver, Colorado; Dublin, Ireland; Melbourne, Australia; Mountain View, California; New Delhi, India; and Sao Paulo, Brazil.

Media Contact:
Ellen D. Kiehl
Director, Corporate Communications
press@udemy.com

Udemy Acquires CorpU to Expand Immersive Leadership Development Capabilities

Business Wire India

Udemy, a leading destination for learning and teaching online, today announced it has acquired CorpU, an online leadership development platform that delivers cohort-based immersive learning experiences and access to world-class experts. The acquisition deepens Udemy’s learning offerings with CorpU’s immersive experiences to deliver transformational learning that fosters innovation, leadership, and business agility.

CorpU enables global companies like CVS Health, BJ’s Wholesale Club, and Rite Aid to incorporate cohort-based learning in scalable, virtual environments with learning that can be tailored to support learners everywhere. CorpU helps foster individual and organizational growth by activating the collective intelligence of peers and the expert guidance of thought leaders from top universities including Harvard, Massachusetts Institute of Technology (MIT) Professional Education, and University of Michigan's Ross School of Business. CorpU’s leadership training harnesses the value of group learning, executive and peer coaching, and experiential learning activities that tie back to business results.

“We’re committed to creating new possibilities for people and organizations everywhere by connecting them to the knowledge and skills they need to succeed in a changing world,” said Gregg Coccari, CEO of Udemy. “With Udemy’s real-world expert instructors and CorpU’s experienced professors and peer-to-peer learning capabilities, companies can build agility and resilience in teams to take on today’s toughest challenges. We believe that CorpU will allow Udemy to help companies go further in upskilling initiatives and deepen collaboration and leadership capabilities through immersive learning experiences.”

HR leaders are finding it increasingly difficult to quickly find and develop talent with the most in demand skills, yet 58% of the workforce needs new skills to get their jobs done, according to Gartner®. Gartner TalentNeuron™ data shows the total number of skills required for a single job has been increasing by 10% year-over-year since 2017.1

“While leadership development is a critical business imperative, many companies struggle to effectively deliver facilitated and immersive training virtually,” said Alan Todd, Founder and General Manager, CorpU. “As a leading learning marketplace focused on innovation through online learning, Udemy is the ideal partner for CorpU. Together, we have the opportunity to help organizations everywhere prepare for the future and provide leaders with the tools, knowledge, and capabilities to propel their businesses forward. We look forward to realizing our vision for the future of leadership development with Udemy.”

“We believe the pandemic demonstrated the need for a new approach to workforce development,” said Greg Brown, President of Udemy Business. “As a result of this fast-paced change coupled with a shift to hybrid work environments, businesses are actively searching for the best ways to develop leaders and employees in a global, scalable, and accessible way. CorpU is a powerful addition to strengthen our Udemy Business offering for organizations by elevating leadership development capabilities and helping customers achieve critical business outcomes.”

With solutions to address all levels of leadership, CorpU programs offer digestible microlearning modules from premiere universities facilitated by global experts. CorpU’s AI-powered analytics, social learning capabilities, and real-world application opportunities help ensure increased engagement and improved knowledge retention.

“Developing leaders and new leadership skills are top priorities in every company,” said Josh Bersin, CEO of Josh Bersin Company and global industry analyst. “The combination of Udemy’s marketplace model and CorpU’s immersive training approach has the opportunity to bring a new, disruptive approach to leadership development around the world.”

To learn more about how Udemy and CorpU are joining together to transform leadership development, please visit here.

​​ 1Gartner®. (2021, February 4) Gartner HR Research Finds 58% of the Workforce Will Need New Skill Sets to Do Their Jobs Successfully [Press Release].

Gartner Disclaimer:

GARTNER is registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.  

Udemy's mission is to create new possibilities for people and organizations everywhere by connecting them to the knowledge and skills they need to succeed in a changing world. The Udemy marketplace platform, with thousands of up-to-date courses in dozens of languages, provides the tools learners, instructors, and enterprises need to achieve their goals and reach their full potential. Millions of people learn on Udemy from real-world experts in topics ranging from programming and data science to leadership and team building. For companies, Udemy Business offers an employee training and development platform with subscription access to thousands of courses, learning analytics, as well as the ability to host and distribute their own content. Udemy Business customers include Apple, Glassdoor, On24, The World Bank, and Volkswagen. Udemy is privately held and headquartered in San Francisco with offices around the world. Udemy investors include Insight Partners, Prosus (Naspers Ventures), Norwest Venture Partners, Stripes, and Benesse Holdings.

About CorpU

CorpU provides online, cohort-based leadership development programs that foster collaboration, drive impact, and accelerate organizational growth. Programs are designed and facilitated by top faculty from leading universities. CorpU’s AI-powered analytics measure participant understanding, alignment, buy-in, and impact throughout all components of the learning experience. Since its founding in 1997, CorpU has delivered courses to over 16,000 cohorts, reaching over 160,000 participants around the globe. Visit www.corpu.com for more information.  



View source version on businesswire.com: https://www.businesswire.com/news/home/20210830005205/en/


MOOC Provider Udemy in Advanced Talks to Raise ~ $100 Mn at Over $3 Bn Valuation

US-based e-learning platform Udemy is in advanced talks to raise around $100 million in a new private funding round that will value the online learning platform at over $3 billion, said a report by The Hindu (Reuters).



In February this year, Udemy raised $50 million in a Series E round led by Japanese publisher Benesse Holdings at a valuation of $2 billion.

Recently in last week, Udemy announced that its corporate learning solution, Udemy for Business, has surpassed $100 million Annual Recurring Revenue (ARR) milestone in 5 years. 

Udemy, which is a MOOC (Massive Open Online Course) provider has seen a boost in subscriptions this year as more people have stayed at home and opted for online learning due to the COVID-19 pandemic. Udemy has its headquarter in San Francisco, US with one of the offices in Gurugram of India.

Edtech companies have seen faster and wider adoptions as more people switch to remote learning due to restrictions during the pandemic. Private funding in the sector has surpassed 2019 levels, with over $4.8 billion raised by August 2020, according to CB Insights.

India's BYJU'S, which is the world's most valued edtech company, was valued at $11.1 billion in September this year.

Founded in May 2010, by Eren Bali, Indian-American Gagan Biyani, and Oktay Caglar, Udemy is part of the growing MOOC movement available outside the traditional university system, and is known for the variety of courses offered. As of Jan 2020, the platform has more than 35 million students and 57,000 instructors teaching courses in over 65 languages.

Naspers Invests $60M in Udemy to Expand Global Reach

Udemy, a global marketplace for learning and teaching online, has announced a strategic investment of $60 million from Naspers through its Naspers Ventures division. Larry Illg, CEO of Naspers Ventures, is joining Udemy’s Board of Directors.

The company plans to use the new capital to continue its strong international momentum, including growing its localized course content library and product offerings to meet the global demand for online learning. The investment is a follow-on to Udemy’s $65 million Series D round of financing from June of 2015.

Over the past year, Udemy has experienced significant growth, particularly among its international business. With more than 40,000 courses now available in 80 different languages, the firm offers the largest selection of online course content.

Key milestones this year for Udemy include:

  • Surpassing 11 million students and 20,000 instructors worldwide

  • Surpassing 50 million enrollments from students in more than 190 countries

  • Expanding its executive management team with the addition of Grégory Boutté, VP of Content; Rob Wong, VP of Product; and Darren Shimkus, VP and General Manager of Udemy for Business

  • Acquiring Talentbuddy, a learn-to-code platform, to boost experiential learning capabilities

  • Launching strategic international partnerships including Estácio (Brazil), Bloter (South Korea), Bayt.com (Middle East), and STJobs (Singapore)


“With two-thirds of our students and over half of our instructors located outside the U.S., Udemy has made huge strides in opening access to learning and teaching opportunities worldwide, yet we are just at the beginning of realizing the full potential of online learning,” said Dennis Yang, CEO of Udemy. “We’ve reached a critical juncture in our global economy where everyone needs to embrace lifelong learning and take initiative for upskilling themselves. That’s why I’m thrilled to be partnering with Naspers to invigorate our efforts to bring Udemy to even more learners and experts around the world.”

Naspers, a global internet and entertainment company with operations in 130 countries, has the local expertise to help Udemy build its growing international presence. The company has made investments in internet companies, including Tencent and Flipkart, that 1.3 billion people worldwide already use. Naspers provides its companies with unmatched levels of international support, including strong business strategy expertise, operating experience, and access to on-the-ground resources in key expansion markets.

“Naspers is consistently looking to invest in markets where technology can make a significant impact. Udemy has built a technology platform that will transform education on a global scale and we are eager to help them with further expansion,” said Larry Illg, Naspers Ventures CEO. “Their online learning marketplace offers courses on thousands of topics in dozens of languages and makes education for anyone, anywhere more accessible.”

Naspers Ventures joins existing investment partners, including Stripes Group, Norwest Venture Partners, Insight Venture Partners, and Lightbank.

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