Saturday, October 29, 2011

Codecademy Raises $2.5 Million To Teach You How To Code

codecademyshotThe term "hot startup" gets bandied about pretty frequently. But there are few companies it applies to more than Codecademy, a startup which, of all things, teaches you how to program. Today, the company is announcing that it's raised $2.5 million from an all-star roster to continue that mission. The $2.5 million funding round was led by Union Square Ventures, with participation from O'Reilly AlphaTech, Thrive Capital, SV Angel, Yuri Milner, Social + Capital Partnership (Chamath Palihapitiya), Founder Collective (Chris Dixon), CrunchFund, Collaborative Fund (Craig Shapiro),Joshua Schacter, Vivi Nevo, Dave Morin, Sam Altman, Ruchi Sanghvi & Aditya Agarwal, and Naval Ravikant. It also includes GroupMe founders Jared Hecht and Steve Martocci ??which is notable because Codecademy cofounder Zach Sims was a GroupMe employee shortly before leaving to help start Codecademy.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/EuWGnZobNhE/

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