Caltech and Pennsylvania back on-line teaching company Coursera, which just won the praise of Microsoft co-founder Bill Gates.

Coursera, a US-based online teaching company, has raised $3.6m from universities Caltech and Pennsylvania.

The company also said California Institute of Technology, Duke University, Ecole Polytechnique Federale de Lausanne, Georgia Institute of Technology, Johns Hopkins University, Rice University, UC San Francisco, University of Edinburgh, University of Illinois at Urbana-Champaign, University of Toronto, University of Virginia and University of Washington have all signed agreements with Coursera to put their courses on-line for free.

The company was also endorsed by Microsoft…

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