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lynda.com Raises $186M For Growth Efforts

Carpinteria-based lynda.com, which is led by Eric Robison, has raised a huge, $186M funding round, led by TPG. According to lynda.com, the round also included investments by existing investors Accel Partners, Spectrum Equity, and Meritech. The company said it will use the new funding for accelerating acquisitions, growth, and new content intiatives. As part of the funding, TPG's David Trujillo will join the company's board of directors. lynda.com said it was advised by Allen & Co. in the deal. lynda.com offers up an online education site where users can learn about a huge library of topics, ranging from everything from web and graphic design software to business topics, 3D animation, and more. More information »


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