The funding round was led by German media group Bertelsmann, with Scottish investment firm Baillie Gifford, Emerson Collective - a charitable organization run by Steve Jobs' widow Laurene Powell Jobs - and Google Ventures joining as new investors.
Kay Krafft, chief executive of Bertelsmann Education Group, will join Udacity's board, the four-year-old startup said in a statement.
Udacity, which provides specialized software training and vocational courses through its Nanodegree programs, had over 11,000 students across 168 countries last year, the company said.
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