Coursera co-founder Andrew Ng. Photo credit: Nvidia Corporation, under Creative Commons license

Coursera, the online learning company, has announced it’s raised $130 million in Series F funding led by New Enterprise Associates (NEA), with participation from Kleiner Perkins, Learn Capital, G Squared, SuRo Capital Corp, and the SEEK Group. Coursera says the new funding boosts its cash balance to more than $300 million. Before this funding round, Coursera is known to have previously raised about $356 million in funding.

The new funding is said to have valued Coursera, an eight-year-old company, at $2.5 billion.