Accomplice invested an additional $1 million in DataCamp’s seed funding round after investing $1 million in the round in July. Cambridge, Massachusetts-based DataCamp, an online data science school, has raised $2.3 million to date.
Cambridge, Mass. – February 11, 2016 – DataCamp, the online data science school, has closed an additional $1 million seed funding round from Accomplice. The money will be used to open a new office in Cambridge, expand the team and launch the new Groups functionality. DataCamp Groups is designed for enterprise teams or university classes to learn together, better retain knowledge and advance high-demand data science skills. This brings DataCamp’s total seed funding to $2.3 million.
DataCamp is already used by more than 300,000 learners from 150 countries and more than 500 universities. To date, users have completed more than 10 million data science exercises, with over 200,000 course completions in 2015 alone. The engaging learn-by-doing courses have been well-received by people who have come to love the DataCamp approach. The company’s users range from people looking to develop data science skills for a career switch, analysts at hedge funds, business consultants looking to create more effective business processes and students earning their degrees in data science.
“In today’s data-driven world, everyone can benefit from building their data science skills. Whether you’re in finance, marketing or technology, understanding data science can help you work smarter,” said Jonathan Cornelissen, founder and CEO of DataCamp. “With DataCamp Groups, professors and business professionals can quickly and easily enable their students or teams to learn the data science skills they need in an interactive and user-friendly environment.”
There is a notable shortage of data scientists worldwide, with an estimated 140,000-190,000 positions unfilled in the U.S. workforce alone, while data science skills are now needed in nearly every function of business. DataCamp aims to close the data science skills gap by providing anyone interested in learning data science with easy-to-use, learn-by-doing courses.
With the new DataCamp Groups, team leaders can create data-driven cultures and help their organizations work smarter. Professors can use it to track their students’ progress and see how their skills evolve over time. With its dedicated leaderboard, DataCamp Groups creates a fun and engaging learning environment so every team member can participate in coding challenges and games, view and compare experience points, courses completed, skills acquired and more. Professors at universities such as Brigham Young University, Princeton University, University of Chicago, University of California, Berkeley and Harvard University are leveraging DataCamp Groups to offer a more engaging learning experience.
“Every enterprise, in every sector, needs people with data science skills; yet, the skill gap is enormous,” said Chris Lynch, partner at Accomplice. “Businesses need a scalable and practical way for their employees to gain data science skills. DataCamp’s new Groups feature is a major step in the right direction.”
The company’s revenue growth and latest funding round are enabling DataCamp to open a new office in Cambridge with plans to double headcount over the next several months. In addition, DataCamp is working to expand its extensive library of data science learning resources and partner with some of the most well-known data scientists in the world to jointly build interactive courses.
People who want to build their data science skills love DataCamp’s interactive learn-by-doing courses. Taught by instructors from world-class universities and companies, DataCamp’s curriculum allows everyone to learn R and Python at their own pace, better retain what they learn, and advance their careers in an increasingly data-driven world. To learn more visit www.datacamp.com.