Dive Brief:
- Thinkful, an online coding education startup backed by PayPal co-founder Peter Thiel, announced Tuesday that it raised $4.25 million in a Series A funding round.
- The round was led by Floodgate Fund with participation from RRE Ventures and Quotidian Ventures.
- Additionally, Floodgate founding partner Ann Miura-Ko will join Thinkful's board.
Dive Insight:
This funding round further highlights the amount of attention being placed on coding education and startups that address that skills gap. With this latest round, Thinkful has so far raised a total of $5.25 million. If Peter Thiel's backing wasn't enough, the addition of Ko — who EdSurge notes was once dubbed "the most powerful woman in startups" by Forbes — to its board should put some additional attention on the startup.