Tag Archives: Cursopedia

Udemy to open first Overseas Office in Dublin

After Udemy’s announcement to add three senior members to its management team to focus on scale and growth, the US online course marketplace announces that it will establish a European presence in Dublin, Ireland.

The Irish Times reports that the Udemy was currently recruiting talent for its Irish presence including a country manager, product managers and senior software engineers.

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Spanish Course Marketplace Floqq raises another $500k Seed Round

NEW: Get our latest EdTech Funding Report Europe 2016.

According to startup blog Loogic the Spanish course marketplace Floqq raised another $500k seed round lead by Cabiedes & Partners with participation of 500 Startups and a group of business angels.

Floqq already raised a €405k seed round from Cabiedes & Partners last year and also participated in the Startup Chile incubator program. All in all the total funding raised is around $1 million according to CrunchBase.

Floqq targets students who want or need to learn new skills for their careers. The startup wants to bridge the gap between what young professionals have learned in school and university and what they actually need to know for their jobs. But there are also courses that cover more leisure topics like cooking, learning languages or crafting.

According to Loogic, Floqq has delivered more than 200.000 lessons since its launch in March 2012. The new funding will be used to expand into Latin American markets and should also give the startup an edge over its Spanish competitor Cursopedia.

via Edsurge | Loogic

Udemy enters Europe with Seven Local Languages

About three weeks ago I wrote an article about European clones, using the example of Spain-based Cursopedia which created an online course marketplace similar to Udemy. I argued that US-based startups usually tend to focus on the English speaking market alone and therefore don’t spend time and money on offering localized versions of their service.

Yesterday Udemy announced that the platform is now available in 9 languages, Spanish, Portuguese, French, German, Japanese, Chinese, Italian, Russian and Turkish. Two more languages, Korean and Hindi, are going to be added later this Summer.

I think this shows a distinct difference between the European compared to the US-based entrepreneur’s mindset. Eren Bali, Founder and CEO of Udemy, grew up in Turkey and participated in the launch of a successful startup there before he took the decision to move to the US for his next venture. In the press release he shares some more background on why he believes that localization is important.

“The internationalization of Udemy is a deeply personal project for me. I grew up in a single room schoolhouse in Southeastern Turkey, and while the internet helped me lift myself up in ways I never imagined possible, so much of the great learning content available online is only in English. I couldn’t be more excited to be part of a force that helps remove this language barrier for good, and I hope by localizing Udemy into these 11 languages, we will be one step closer to truly empowering any expert anywhere in the world to give back and teach the next generation.”

And offering content in local languages can pay off quite nicely for both sides involved, the platform and the educator. Targeting Cursopedia’s core market, Udemy announced that one of the first instructors who offered a course in Spanish on virtualization has earned $15k since end of June and a Spanish iOS-programming course earned $32k in two months.

Last but not least, along with the news of adding localization to the site, Udemy also shared that it reached the milestone of 1 million students registered. 50% of the students who visit Udemy are from outside the US and currently Udemy is hosting 600 courses in Spanish and 150 courses in Portuguese.

Of course, just translating the page won’t attract educators or learners in droves. The European market is scattered, there are several startup hubs across the continent and each of them is very unique. Hence, there needs to be a lot of marketing and grassroots work to be done but that again is something the team at Udemy is known for.

Cursopedia – Why European Clones are Inevitable

If you are writing about the global startup scene you often come across the notion that all of the innovation happens to take place in the US whereas Europe, especially Germany, is going to clone the successful concepts, build a local version and hope that one day the US company is going to acquire its European clone in order to get its foothold on the other side of the pond.

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