VC-backed Bitmaker acquired by VC-backed General Assembly
New York-based education-to-employment specialist General Assembly (GA) has acquired Bitmaker Labs, a Canadian provider of education in computer programming and technology. No financial terms were disclosed. GA said Toronto-based Bitmaker's team, including CEO and Founder Andrew Mawer, will continue to lead the company's growth as a subsidiary. Founded in 2012, Bitmaker raised funding in November 2014 in a round led by Russell Square Partners. GA has raised close to US$120 million in venture capital since its launch in 2011. Its backers include Advance Publications, GSV Capital, IVP, Learn Capital, Maveron and Wellington Management.
10 August 2016•4 mins read
