Full Loan Amount
Funded by Backers
Funded by Able
A coding bootcamp is an educational system — and like every other educational institution, they hit a lull during the holiday season. They had opened a new location in Dallas in August (2015), and a brand new campus in Salt Lake City around the same time. Because of that, Dev Mountain wound up strapped more than they thought we would be.
Dev Mountain was able to partner with Able to secure $400,000 in funding that helped them through the slow season and also positioned them well for a $20,000,000 acquisition in May of 2016.
We have a built-in network of supporters who believe in us and were excited to help us grow. Adding the Able magic on top made their contribution that much more powerful.