Microverse Raises $12.5 Million to Educate Coding Talent from Developing Regions

Microverse has developed an online coding academy with a collaborative learning system, curriculum designed for a diverse range of candidates, and deferred tuition until graduates land a job. The company projects the more than 1,000 full-time students will go through the program this year, including about 75% from Africa and Latin America. It just announced $12.5 million in venture capital funding.