Wednesday June 19, 2019

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General Assembly Receives $10M in New Funding

General Assembly raised $10 million in new funding this week, according to a recent SEC filing. The NY-based tech education startup declined to reveal the funders to TechCrunch for this new cash infusion, but in the past raised raised $4.5 million from Jeff Bezos, the VC firm Maveron, Yuri Milner and Alexis Ohanian. The funds have allowed them to expand into a second 12,000 sq. ft. Manhattan location as well as a London office, as they also plan to open a Berlin campus soon.

According to TechCrunch, the company is setting its sights on expanding its educational curriculum online as well as creating a global network of campuses.