Galvanize has raised $32m from investors including University Ventures and is using some of the money to acquire coding bootcamp operator Hack Reactor.
Galvanize, a US-based tech education and workspace provider, raised $32m in a series C round on Thursday from investors including investment firm University Ventures.
Catalyst Investors led the round, which also included New Markets Venture Partners, ABS Capital Partners and Colorado Impact Fund.
Founded in 2012, Galvanize provides in-person training and online education, such as an immersive full-time developer training program. The company also organises technology-focused events and offers access to workspace across its campuses.
Part of the series C round is being used to fund an acquisition of Hack Reactor, which runs bootcamp courses focused on computer science and JavaScript that aim to rigorously prepare students for a career in the software engineering industry.
Hack Reactor’s courses are primarily aimed at students with some prior coding experience and can either be completed on-campus or remotely via the internet.
Galvanize will offer Hack Reactor courses at its own web development…
