Udacity, with eye to eventual IPO, says revenue more than doubled in 2017

SAN FRANCISCO (Reuters) – Online education company Udacity, which offers courses in high-tech subjects such as machine learning, said on Tuesday it more than doubled its annual revenue last year and added about 34,000 new students to its online degree programs. The company, founded by Sebastian Thrun, one of Silicon Valley’s pioneers in self-driving cars, said it increased revenue to $70 million in 2017 from $29 million the prior year. Read more>>

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