The Italian company, which provides technical training and kids’ education programs in coding and organises events, plans to use the funds to grow its positioning in Europe and bridge technical skills gaps. According to the company, by 2020 there will be 756,000 IT job vacancies in Europe that will need to be filled.
Codemotion has partnerships with Cisco, IBM, Google, Microsoft, Intel, Red Hat, and Oracle and is active in seven countries Italy, Spain, Holland, Germany, Poland, Israel and the United Arab Emirates.
The investment will allow Codemotion to grow and consolidate its presence in overseas markets, said Chiara Russo, CEO of Codemotion.
“Mara [Marzocchi, cofounder] and I started out four years ago with a clear vision and our passion for technology in our hearts,” she said. “Now, thanks to a team in continuous growth and with the entry of new partners, we can meet more ambitious objectives, diversifying our offer for companies and developers, that are and remain for us a fundamental value.”
Gianluca Dettori of Barcamper Ventures will be joining the company’s board of directors.