Wednesday, Jan 23, Andela announced the completion of its $100 million Series D funding. A funding round that roped in Generation Investment Management, Chan Zuckerberg Initiative, Spark Capital, GV, and the CRE Venture Capital. With this Series D funding, Andela’s total venture funding now stands at $180 million.
The Series D funds will go towards building distributed engineering teams made up of top software developers Africa has to offer. The funds will be used to accelerate Andela’s technology platform and identify, develop, and match talent as scale.
Hence, Andela will be able to provide its clients with the data they need to understand the (Andela’s) developers performance and enable them (the clients) better manage the distributed teams. The fund will also help Andela in spreading its wings further across the African continent, as it seeks to match the growing demand for high-quality engineers from the international market.
“It’s increasingly clear that the future of work will be distributed, in part due to the severe shortage of engineering talent,” said Jeremy Johnson, a co-founder and CEO of Andela.
“Given our access to incredible talent across Africa, as well as what …read more