Thursday, June 16, 2016
Andela Raises $24 Million Led by Chan Zuckerberg Initiative to Mobilize Africa's Top Engineering Talent
NEW YORK, June 16, 2016 /PRNewswire/ -- Andela, a company that recruits the most talented software developers in Africa and embeds them into engineering organizations worldwide, is today announcing $24M in Series B funding. Chan Zuckerberg Initiative is leading the round, which marks its first lead investment to date, and they are joined by new investor GV (formerly Google Ventures) and existing investors including Spark Capital, Omidyar Network, Learn Capital, and Africa-based CRE Ventures.
Founded by veteran entrepreneurs from both North America and Africa, Andela has grown into one of the most visible technology movements on the African continent by bridging the gap between skilled software developers and the companies that need them. Andela developers are currently working with a number of high-growth engineering organizations, which range from venture-backed startups like 6Sense and the Muse to industry leaders including Google and Microsoft.
"We live in a world where talent is evenly distributed, but opportunity is not. Andela's mission is to close that gap," says Mark Zuckerberg. "Companies get access to great developers, and developers in Africa get the opportunity to use their skills and support their communities. Priscilla and I believe in supporting innovative models of learning wherever they are around the world -- and what Andela is doing is pretty amazing." Click here for full report.