The Knight Foundation provided $3m of the funding, as the Intel and Google-backed tech diversity initiative looks to expand into new areas.

Code2040, a US-based diversity program operator backed by chipmaker Intel, has secured $5.6m in funding to support its expansion plans, USA Today has reported.

Non-profit organisation the Knight Foundation provided $3m of the funding while the rest came from Sara and Evan Williams Foundation and undisclosed others. Code2040 has now raised more than $7m in total equity funding.

The company’s student referral program places black and Latino students in workshops and internships at tech companies including Apple, LinkedIn and Facebook…