Daily Links 7/18/2012: UPenn, Caltech invest in Coursera

Coursera, the online higher education portal that offers free courses from a consortium of universities including Princeton, University of Michigan, Stanford and Penn, yesterday announced that the University of Pennsylvania and Caltech have made a combined $3.7 million investment in Coursera, with further investment from New Enterprise Associates and Kleiner Perkins Caufield & Byers. The total investment in Coursera is now $22 million. Coursera also announced that 12 more institutions of higher education have agreed to provide online courses through its platform. Coursera has not unveiled a monetization plan yet.

Update 7/19: The University of Washington says it will offer credit for some courses it offers through Coursera for a fee.

Philadelphia-based youth-oriented discount retailer Five Below increased its planned IPO pricing range from $12 to $14 to $15 to $17 per share. At the high end of the range, Five Below could have a value in excess of $900 million. The offering is expected to begin tomorrow (Thursday).

EXCLUSIVE-Silicon Valley startup, Workday, quietly files for IPO-sources (Reuters)
Emerging threat to SAP.

SAP North America’s New President: She’s Not Playing It Safe (ASUG News)



HP: ‘Purchased R&D’ Makes it a Short, Says Chanos (Barron's: Tech Trader Daily)

Fiberlink weighs spring IPO (Philly.com: Philly Deals)

eBay Inc. Reports Strong Second Quarter 2012 Results (Business Wire)
Not much detail on GSI Commerce, and that always leave you wondering somewhat. Says it contributed $221 million in revenue
in quarter. Did say same store sales (for retail clients) grew 21% year over year. eBay acquired King of Prussia-based GSI Commerce in the 2nd quarter of 2011 for $2.4 billion.

DOCSIS 3.0 Rollouts Lift Cable Modem Sales 10% In Q1
North America Unit Shipments of Wideband Devices Up 50% From Year Earlier: Infonetics (Multichannel News)

Google Launching Kansas City Fiber on July 26 (Light Reading Cable)

Cogeco Cable Buying Atlantic Broadband To Expand In U.S. (Bloomberg)
Atlantic Broadband's cable operations include systems in central and western Pennsylvania as well as Delaware and Maryland.

SEI Investments 2Q net income falls 7.6 pct. (AP via MSN Money)

GlobalSubmit Introduces GlobalSubmit Cloud, a Web-Delivered Version of its Industry Leading eCTD Software Suite (PR Newswire)
GlobalSubmit is based in Philadelphia.

HostMySite Launches ColdFusion 10 Hosting (Business Wire)

The City of Brotherly Startup Love: Philly’s Flourishing Entrepreneurship Scene (Wharton Entrepreneurship Club)



permalink>