Earlier today, Fortune broke the news that General Assembly – the co-working tech and design startup campus we call home -has just concluded a successful round of financing. GA will be getting $4.5 million from investors such as Howard Schultz’s Maveron fund, Yuri Milner’s DST Global, and Jeff Bezos’ (Amazon.com) Bezos Expeditions. The founders of General Assembly have a number of plans for expansion that this investment should help them accomplish.
GA is planning to expand globally, eyeing possibilities such as opening a second New York space and even new campuses abroad – London is being discussed as an early option. We would love to have different offices to call home when traveling, and hopefully we will see a General Assembly in Los Angeles in the near future.
Another realm of expansion that the founders are focusing on is online education. According to Brad Hargreaves, one of the founders, “When we launched our first certification program—Front-end Web Development—a few weeks ago, we received over 100 applications for only fifteen available spots. Demand for this kind of education has clearly outstripped supply. And we want to answer the call….So will we open a bunch more campuses? Put all our classes online? Start training executives? We don’t know. Right now we’re singularly focused on continuing to create a great, meaningful experience at our New York campus. That said, we see the bigger picture: there is immense demand for social, application-driven education in technology, design, and entrepreneurship, and we’re committed to addressing this real need.”