Codecademy Secures $30,000,000 Series C Financing

  • Feed Type
  • Date
    7/12/2016
  • Company Name
    Codecademy
  • Mailing Address
    49 West 27th Street New York, NY 10001 USA
  • Company Description
    Codecademy is an education company. But not one in the way you might think. We’re committed to building the best learning experience inside and out, making Codecademy the best place for our team to learn, teach, and create the online learning experience of the future.
  • Website
    http://www.codecademy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Codecademy will utilize the new capital to drive the company’s product, team and global expansion plans. Since the company launched in 2011, tens of millions of people have taken its courses in nearly every country. The new funds will allow the company to grow its team to accommodate further international growth, extend the capabilities of its innovative platform, build its mobile presence and develop additional course content to even better serve its users.
  • M&A Terms
  • Venture Investor
    Naspers Ventures
  • Venture Investor
    Union Square Ventures
  • Venture Investor
    Flybridge Capital Partners
  • Venture Investor
    Index Ventures
  • Venture Investor
    Investor