WilmerHale Reps Andela in $40M Series C Funding
As announced in today's New York Times article, "Start-up Bets on Tech Talent Pipeline from Africa," Andela Inc.—a New York-based that identifies the most talented individuals in Africa, shapes them into world-class developers, and pairs them with the world's leading tech companies—has announced a $40 million Series C funding round led by CRE Venture Capital.
"In addition to being a major milestone for Andela, it also represents a milestone for the African tech ecosystem as it is the largest venture round ever led by an African VC fund into an Africa-based business," noted Andela CEO Jeremy Johnson.
Dave Gammell, co-chair of WilmerHale's Emerging Company Practice, led the representation of Andela in this transaction with a team that included Jeremy Delman and Jared Brenner. The firm also represented Andela in its Series B funding last June which was led by the Chan Zuckerberg Initiative.
For more information, visit Andela's website.