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	<title>Betabeat &#187; SkillShare Raises $3.1 Million to Teach the Masses</title>
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		<title>Betabeat &#187; SkillShare Raises $3.1 Million to Teach the Masses</title>
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		<title>SkillShare Raises $3.1 Million to Teach the Masses</title>

		<comments>http://betabeat.com/2011/08/skillshare-raises-3-1-million-to-turn-users-into-educators/#comments</comments>
		<pubDate>Tue, 16 Aug 2011 10:22:25 -0400</pubDate>
					<link>http://betabeat.com/2011/08/skillshare-raises-3-1-million-to-turn-users-into-educators/</link>
			<dc:creator>Ben Popper</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=14641</guid>
		<description><![CDATA[<p><div id="attachment_14647" class="wp-caption alignleft" style="width: 296px"><img class="size-full wp-image-14647" title="mike skillshare" src="http://nyobetabeat.files.wordpress.com/2011/08/mike-skillshare.jpg" alt="" width="286" height="285" /><p class="wp-caption-text">Now offering classes in business ethics</p></div></p>
<p>In the same way that Kickstarter connects users with backers for their projects, SkillShare connects experts with students for their classes. The start-up just raised a <a href="http://bits.blogs.nytimes.com/2011/08/16/skillshare-raises-3-1-million-to-turn-everyone-into-teachers/">$3.1 million in a Series A round of venture financing, led by Union Square Ventures and Spark Capital</a>, to extend its offerings. Previously the company raised a $550,000 round of seed funding from Founder Collective and SV Angel, among others.</p>
<p>Betabeat has been <a title="Rumors &amp; Acquisitions: Aol and the Labs, Turntable and the Labels, and Which Aviary Co-Founder Needs Your A/S/L?" href="http://www.betabeat.com/2011/08/05/rumors-acquisitions-aol-and-the-labs-turntable-and-the-labels-and-aviarys-ceo-needs-your-asl/">reporting on this funding for some time</a>, but was too gun shy to publish without confirmation from the founders. Lesson learned.<!--more--></p>
<p>The start-up is expanding quickly, opening offices in offices in San Francisco and Philadelphia, with hopes to expand to Boston, New Orleans, Portland, Seattle and Los Angeles by the end of the year.</p>
<p>The money comes at a time when many start-ups are rushing to close their financing or struggling to secure an A round. It's a nice chunk of change SkillShare can use to get to the next level.</p>
<p>To promote the service, investor <a href="http://blog.zachklein.com/post/8740512361/im-offering-1000-in-skillshare-scholarships">Zach Klein is offering $1000 in free classes</a>. Anyone can sign up and invoice him through Venmo (another service he invests in). It's a double plug, but a nice promotion.</p>
<p>In recent months Betabeat has covered the <a title="Quirky Has More Users and Ideas to Go With All That Money" href="http://www.betabeat.com/2011/08/09/quirky-has-more-users-and-ideas-to-go-with-all-that-money/">explosion of crowd funded platforms coming out of New York.</a> Kickstarter has seen its the amount of money coming though its service accelerate rapidly. Quirky raised a big round and grew its user base significantly. SkillShare, who has some of the same investors, seems poised to ride the same wave.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_14647" class="wp-caption alignleft" style="width: 296px"><img class="size-full wp-image-14647" title="mike skillshare" src="http://nyobetabeat.files.wordpress.com/2011/08/mike-skillshare.jpg" alt="" width="286" height="285" /><p class="wp-caption-text">Now offering classes in business ethics</p></div></p>
<p>In the same way that Kickstarter connects users with backers for their projects, SkillShare connects experts with students for their classes. The start-up just raised a <a href="http://bits.blogs.nytimes.com/2011/08/16/skillshare-raises-3-1-million-to-turn-everyone-into-teachers/">$3.1 million in a Series A round of venture financing, led by Union Square Ventures and Spark Capital</a>, to extend its offerings. Previously the company raised a $550,000 round of seed funding from Founder Collective and SV Angel, among others.</p>
<p>Betabeat has been <a title="Rumors &amp; Acquisitions: Aol and the Labs, Turntable and the Labels, and Which Aviary Co-Founder Needs Your A/S/L?" href="http://www.betabeat.com/2011/08/05/rumors-acquisitions-aol-and-the-labs-turntable-and-the-labels-and-aviarys-ceo-needs-your-asl/">reporting on this funding for some time</a>, but was too gun shy to publish without confirmation from the founders. Lesson learned.<!--more--></p>
<p>The start-up is expanding quickly, opening offices in offices in San Francisco and Philadelphia, with hopes to expand to Boston, New Orleans, Portland, Seattle and Los Angeles by the end of the year.</p>
<p>The money comes at a time when many start-ups are rushing to close their financing or struggling to secure an A round. It's a nice chunk of change SkillShare can use to get to the next level.</p>
<p>To promote the service, investor <a href="http://blog.zachklein.com/post/8740512361/im-offering-1000-in-skillshare-scholarships">Zach Klein is offering $1000 in free classes</a>. Anyone can sign up and invoice him through Venmo (another service he invests in). It's a double plug, but a nice promotion.</p>
<p>In recent months Betabeat has covered the <a title="Quirky Has More Users and Ideas to Go With All That Money" href="http://www.betabeat.com/2011/08/09/quirky-has-more-users-and-ideas-to-go-with-all-that-money/">explosion of crowd funded platforms coming out of New York.</a> Kickstarter has seen its the amount of money coming though its service accelerate rapidly. Quirky raised a big round and grew its user base significantly. SkillShare, who has some of the same investors, seems poised to ride the same wave.</p>
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