Edtech Business

Undeterred by Layoffs and CEO Change, Existing Investors Pump $7M More in Galvanize

Oct 19, 2017

GALVANIZE slashed more than 10 percent of its workforce and changed CEOs (from Jim Deters to Lawrence Mandes) this summer. Yet its investors still believe. This week, the Denver-based provider of technology training programs raised an additional $7 million from existing backers ABS Capital Partners and University Ventures.

Galvanize currently operates eight campuses that offer courses in web development and data science, and helps graduates find jobs at companies. The company has raised more than $85 million in venture capital since launching in 2012.

Undeterred by Layoffs and CEO Change, Existing Investors Pump $7M More...

Edtech Business

Undeterred by Layoffs and CEO Change, Existing Investors Pump $7M More in Galvanize

Oct 19, 2017

GALVANIZE slashed more than 10 percent of its workforce and changed CEOs (from Jim Deters to Lawrence Mandes) this summer. Yet its investors still believe. This week, the Denver-based provider of technology training programs raised an additional $7 million from existing backers ABS Capital Partners and University Ventures.

Galvanize currently operates eight campuses that offer courses in web development and data science, and helps graduates find jobs at companies. The company has raised more than $85 million in venture capital since launching in 2012.

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