Type of site
|Headquarters||Carpinteria, California, U.S.|
|Founder(s)||Lynda Weinman and Bruce Heavin|
|Key people||Eric Robison, CEO|
|Products||Online training library|
|Revenue||US$100 million (2013)|
lynda.com is an American online education company offering video courses taught by industry experts in software, creative, and business skills. It was founded in 1995 by Lynda Weinman. The company is based in Carpinteria, California, and has more than 500 employees worldwide. Microsoft acquired lynda.com's parent company Linkedin in December 2016.
lynda.com was founded in 1995 in Ojai, California, as online support for the books and classes of Lynda Weinman, a special effects animator and multimedia professor who founded a digital arts school with her husband, artist Bruce Heavin.
In 2002, the company began offering courses online. By 2004, there were 100 courses, and in 2008, the company began producing and publishing documentaries on creative leaders, artists, and entrepreneurs.
In 2013, lynda.com received its first outside investment, raising $103 million in growth equity from Accel Partners and Spectrum Equity, with additional contributions from Meritech Capital Partners.
On April 7, 2014, lynda.com purchased Canadian startup Compilr, provider of an online editor and sandbox.
On April 9, 2015, LinkedIn Corp. announced its intention to buy lynda.com in a deal valued at $1.5 billion, which officially closed on May 14, 2015. The site re-branded to "Lynda.com® From LinkedIn".
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Microsoft Corp. and LinkedIn Corporation on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $16 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash.
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