Continuing Education, Domestic, Required, STEM / Science, Technology, Education, Math, Technology - Written by Elbert Chu on Tuesday, November 1, 2011 7:03 - 0 Comments
Codecademy Closes $2.5 million Series A
Codeacademy has become the go-to place for learning how to program. The company has figured out how to bring the joy of coding to the masses— one little little byte of code at a time. And they are being awarded with attention and now a hefty chunk of change.
Since it launched last August, the site has become what’s (probably) a global hit. It has users in more than 200 countries, only 30% of which are in the United States. The company has declined to share its current user count, but it had 200,000 within their first 72 hours, and I’ve heard whispers that they’re still doing very, very well.
The company wrote about their band of investors:
Since we launched in August, we’ve been focused on building a roadmap for making sure Codecademy is a project that lasts not just for weeks, but for years.
Today, we’re proud to announce our first step toward achieving that goal. We’ve raised a Series A round of financing from some great investors and entrepreneurs, including Union Square Ventures, O’Reilly, SV Angel, Yuri Milner, Social+Capital Partnership Chamath Palihapitiya, Thrive Capital, CrunchFund, Collaborative Fund Craig Shapiro, Founder Collective Chris Dixon, Joshua Schacter, Vivi Nevo, Naval Ravikant, Sam Altman, and several others.
- Codecademy Raises $2.5 Million To Teach You How To Code (techcrunch.com)
- Codecademy raises $2.5M to make you a coding master (venturebeat.com)
- Codecademy Lands $2.5 Million From Investors (bits.blogs.nytimes.com)
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