Startups  November 5, 2019

Techtonic raises $6M for coder apprenticeship

BOULDER  — Techtonic Group Inc. received $6 million in Series B funding last week from a Baltimore-based private equity firm and two other capital groups.

In a press release Friday, the Boulder software company and coding apprenticeship operator said Camden Partners LP led the round, with additional funds from education-focused fund University Ventures and Zoma Capital LLC, a Denver fund headed by Ben Walton, a member of Wal-Mart Inc.’s founding family.

The company plans to use the funds for business purposes and to expand its paid coding apprenticeship program outside of Colorado.

“This is an exciting time for Techtonic,” said CEO Heather Terenzio in a prepared statement. “We are changing the way companies build their software and think about talent generation.

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