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Spring 2010 San Diego / Orange County
Applications: Apr 01, '10
Sessions: Apr 06, '10 - Jul 28, '10

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Our vision is to Globalize Silicon Valley by creating and fostering local startup ecosystems in promising markets across the globe. We aim to help launch 1,000 technology companies per year in over 30 cities worldwide.

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Blog

Posted by Adeo Ressi on Aug 30, 2010

Bay Area Grad, Udemy, Raises $1 MM

Udemy, a Founder Institute Graduate that seeks to democratize online learning by providing tools so that educators can easily create their own online course, has just raised $1 MM from angels. Investors in Udemy include Keith Rabois, Mark Sugarman's MHS Capital, Rick Thompson, Russ Fradin, Benjamin Ling, Larry Braitman, Jeremy Stoppelman, Naval Ravikant, Paul Martino, Josh Stylman and Dave McClure's 500 Startups Fund. Udemy's fundraising was extremely successful due to help from Adeo Ressi's Founder Institute and VentureHacks' AngelList.

"The Founder Institute was a critical factor in Udemy's successful fundraising. I can't say how valuable Adeo and the Founder Institute team was in providing advice and introductions throughout the fundraising process. Without Adeo's sage wisdom, Udemy may not have raised any money. With his advice, we raised three times more than we originally set out to raise!" - Gagan Biyani, Cofounder of Udemy

The Udemy funding has been covered widely int he media. Congratulations!

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