Cloud Computing: Online Learning Pioneer Picks Up $103M in Funding
Grazed from Sys Con Media. Author: Maureen O’Gara.
Online learning company Lynda.com has gotten $103 million in funding from Accel Partners and equity investor Spectrum Equity. Meritech Capital Partners also participated. It’s the first money Lynda has taken from the outside and is meant to push the 17-year-old company into the international arena, which will mean localization, and add to its curriculum. It expects to scale its web and video platform.
Its video learning platform, available in monthly and annual subscriptions, teaches computer skills such as 3D and animation, audio, business, design, development, home computing, photography, video and web and interactive design to individuals as well as corporate, government, school and university accounts…


The audacity of a database startup: NewSQL vendor NuoDB dares to propose an update to E.F. Codd’s 12 rules of relational databases, the blueprint for SQL databases for decades. NewSQL database startup NuoDB likes to think big. This week as it makes its scalable database generally available, it is also pitching an update to database guru Edgar F. Codd’s 12 rules of relational databases for the age of cloud computing. It’s a move that is bound to raise eyebrows since Codd, an IBM computer scientist who defined the relational database model, is viewed as a god in that arena.