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Israeli tech coaching Masterschool raises $100 mln in personal funds

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JERUSALEM, Might 18 (Reuters) – Masterschool, an Israeli community of tech career-training faculties, mentioned on Wednesday it had raised $100 million in an early stage funding spherical led by enterprise agency Group 11.

Goal World, Pitango Ventures, Dynamic Loop Capital, Ronald Cohen, and different strategic traders had additionally contributed to the financing, Masterschool mentioned.

It added that the funding can be used to scale up its community, quickly rising the variety of faculties to supply the alternatives “that include a tech profession to an ever-widening group of individuals”.

Masterschool mentioned college students solely needed to pay for the programs, which lasted six to 9 months, after they’d been employed.

Since its founding in 2019, graduates from dozens of Masterschool faculties have been employed by a few of the largest tech firms, together with Google, Microsoft, and Intel, the agency mentioned.

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Reporting by Steven Scheer

Our Requirements: The Thomson Reuters Belief Ideas.

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