Finnish Startup Scores Seed Round for Online Learning Platform

CBTEC has raised an undisclosed seed round from Finnish VC firm, Inventure; TechCrunch sources estimates the amount at "just over €200,000" (approximately US $227,000). CBTec is the creator of Eliademy, an online platform that allows anyone to create, sell and take classes. (It appears similar to Udemy.) CBTec is aiming to raise a €4M Series A round by the end of 2014. According to ArcticStartup, Eliademy is already generating revenue, with courses available in 26 languages.

Editor's Note: An earlier version of this story incorrectly represented the €200,000 as $227 Million.