Codecademy eyes the enterprise with $40 million in new capital

Codecademy eyes the enterprise with $40 million in new capital

5 months ago
Anonymous $rH7oE7DjRg

https://techcrunch.com/2021/02/23/codecademy-series-d/

After going over four years without raising any capital, coding class platform Codecademy has raised a new tranche of money: a $40 million Series D round led by Owl Ventures, with participation from Prosus and Union Square Ventures.

The startup is the latest edtech business to bring on capital after years without it, a list that includes ClassDojo, CourseHero, Quizlet and Udacity. But founder Zach Sims, who began the company in 2011 as a Columbia student, says that Codecademy’s growth, and hunger for new capital, isn’t due to a pandemic bump.

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