Galvanize, a Denver, CO-based provider of technology education programs and community workspaces, raised $45m in Series B funding.
The round was led by ABS Capital Partners, with participation from Colorado Impact Fund, Haystack Partners, Greg Maffei, Aspen Grove Capital and existing investor University Ventures. As a result of the financing, Paul Mariani, a general partner with ABS Capital, will join the Galvanize Board of Directors.
The company intends to use the funds to expand operations.
Founded in 2012 by Jim Deters, Lawrence Mandes, and Chris Onan, Galvanize is a learning community for technology for students, startups, and established companies.
In its membership program, which is offered on a per seat, per desk, or per suite basis, the company allows individuals, entrepreneurs, startups, and corporate partners to work in close proximity to tech education programs and one another – creating a self-sustained education, technology and business community.
Galvanize currently works with more than 700 companies to understand what skill sets are most relevant and curates its own curriculum, working with hiring partners such as Allstate, Amazon, Salesforce, IBM, Pivotal, and Tesla.
The company operates nine urban campuses across the nation including Denver, Boulder, Ft. Collins, San Francisco, Seattle, Austin, and Phoenix and is currently open in New York City with a 55,000 sq ft space in early 2017.