Globant and Mercado Libre both invested having partnered the coding education provider on a two-year programme about to launch.

Argentina-headquartered technology education provider Digital House received more than $50m from investors including e-commerce marketplace Mercado Libre and software provider Globant yesterday.

Private equity firm Riverwood Capital and venture capital firm Kaszek also participated in the round, the latter having initially invested an undisclosed sum in January 2017.

Digital House began as a coding school but has moved its main focus to online education. It will direct the funds to enhancing its online platform and launching a two-year programme it…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.