Coding bootcamp Ironhack raises 2.1 billion yen, boosted programmer demand | GLM

Coding Bootcamp Ironhack Raises 2.1 Billion Yen, Boosted Programmer Demand

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Ironhack, a programming boot camp provider in Europe and the Americas, has raised $ 20 million in its latest round of funding.

Miami-based Ironhack, also based in Amsterdam, Barcelona, ​​Berlin, Lisbon, Madrid, Mexico City, Miami, Paris and Sao Paulo, will use this money to complement its campus and build more virtual services. Stated.

According to Ironhack co-founder Ariel Quiñones, 13 million jobs will be added to the US tech industry over the next five years. In addition to this, growth in the EU’s technology sector is expected to add another 20 million jobs, he expects.

Ironhack isn’t the only boot camp to benefit from this growth. In 2020, Lambda School will raise $ 74 million for a coding education program.

Ironhack’s latest round was funded by Endeavor Catalyst. Endeavor Catalyst is a fund that invests in entrepreneurs in emerging markets and underserved markets. The company invests in Lumos Capital, founded by investors with a long history of education technology, Creas Capital, a Spanish impact investor, and Brighteye, a European edutech company.

Ironhack class prices vary from country to country. In the US, the company’s boot camp costs $ 12,000, but in Mexico City it costs $ 3,000.

According to the statement, the company offers lessons on a variety of themes, from web development to UX / UI design, data analysis and cybersecurity.

Ironhack co-founder Kinones said, “With hands-on skills training, a supportive global community, and a career development program, everyone, regardless of education or work experience, can use technology to write their stories. You can do it. ”

Since its founding in 2013, Ironhack has sent more than 8,000 graduates, with employment rates reaching 89% according to data as of July 2020. Companies that have hired program graduates include Capgemini, Siemens and Santander, the company said.

Related article: The tuition fee is paid after getting a job, and Lambda School, a virtual coding school, raises about 7.8 billion yen.

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Rachel Maga
Rachel Maga is a technology journalist currently working at Globe Live Media agency. She has been in the Technology Journalism field for over 5 years now. Her life's biggest milestone is the inside tour of Tesla Industries, which was gifted to her by the legend Elon Musk himself.