Dive Summary:
- Portland-based online tech education startup Treehouse closed a $7 million investment round led by Kaplan Ventures on Tuesday morning.
- Described by founder and chief executive Ryan Carson as the trade school of the future, Treehouse was founded in 2011 and offers online courses on tech subjects like Web design, programming languages and mobile apps for around $25 a month.
- So far, the startup has raised a total of $11.75 million and is generating annual revenue of $5 million, which Carson says will be used to add staff (the company currently has 55 employees) and develop more courses.
From the article:
... "What Treehouse is doing is a picture of education in the future," Carson said. ...
