Argentina-headquartered technology education provider Digital House received more than $50m from investors including e-commerce marketplace Mercado Libre and software provider Globant yesterday.
Private equity firm Riverwood Capital and venture capital firm Kaszek also participated in the round, the latter having initially invested an undisclosed sum in January 2017.
Digital House began as a coding school but has moved its main focus to online education. It will direct the funds to enhancing its online platform and launching a two-year programme it has created in collaboration with Globant and Mercado Libre.
The round increased the company’s overall funding to $80m, according to TechCrunch. Private equity group TPG’s The Rise Fund provided $20m alongside Endeavor Catalyst and Omidyar Network in December 2017.
