Russell Square Partners invests in Bitmaker Labs

Russell Square Partners invests in Bitmaker Labs
November 20
17:33 2014

Bitmaker Labs has received a substantial equity investment from an investor group led by Russell Square Partners.

Founded in 2012, Bitmaker Labs is a leading web development school. The company provides practical education in computer programming and technology, including web development and user experience design.

The investment will fund new curriculum development, additional teachers, and improvements to campus in downtown Toronto at King and Simcoe. The funds will also allow for future geographic expansion and further course development in internet and technology disciplines.

Concurrently, Bitmaker Labs has appointed a new management team to lead the company in its next stage of growth. Co-founder Andrew Mawer will assume the responsibilities of President and will continue to drive the strategic and financial priorities for the company.

Bitmaker Labs has recruited Craig Hunter as CEO who will lead the company’s growth by managing the sales, marketing, and daily operations of the company. Previously, Hunter was an early employee at Uber.

Bitmaker has promoted Julie Haché to Chief Technology Officer & Head of Instruction. Haché brings extensive software and engineering experience from her prior role as a developer at Shopify working on its core application – one of the largest Ruby on Rails applications in production today.

“We are excited to help Bitmaker remain at the forefront of this growing industry and continue delivering world-class education to our students,” said Dan Baum of Russell Square Partners.

“Bitmaker delivers a cutting-edge, market-driven education targeting the massive demand for jobs in the rapidly growing technology industry,” said Hunter. “We are excited to collaborate with Russell Square and grow the company by building our team, expanding our course offerings and supporting our alumni network.”

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