An Argentine talent development firm raises US $ 50 million

Silvia Naishtat

03/25/2021 2:53 PM

• Clarín.com

• Economy

Updated 03/25/2021 2:53 PM

It's funny but when there are

opportunities and a great future, country risk or tension with bondholders or the IMF are put aside.

Digital House, a company that is dedicated to training talents in the knowledge economy and from its imposing headquarters in the Belgrano neighborhood, has just received an injection of

US $ 50 million.

This is the largest investment for an organization of its kind, focused on immersive remote courses.

The other curiosity is that those who bet on Digital House are two Argentine unicorns, such as 

Mercado Libre and Globant.

They have a practical sense since a large part of their endowments are trained in that high tech school.

The investment group is also made up of 

Riverwood Capital

, a global private equity firm focused on technology-related companies, and Kaszek, which is the leading investment fund in Latin America that supports technology-based and high-impact ventures.

Kaszek is also a fund for

Argentine entrepreneurs.

"The new round further validates Digital House's mission to

democratize access to

high-quality,

scalable digital skills training

in Latin America as well as the need to connect new talent with technology jobs. It includes specializations in

e-commerce. , digital marketing, data science and cybersecurity,

among others, "they said in a statement.

Martin Migoya, CEO of Globant.

The novelty is the partnership with two of the leading technology employers in the region such as Mercad Libre and Globant.

They recently launched “Certified Tech Developer,” a disruptive program that will train thousands of students through two-year courses and

connect them with the world's leading technology companies.

Digital House was born in 2016 in the midst of the expansion of technology-based companies that found themselves with a lack of human resources from Argentine universities.

Precisely the software industry

said in those years that it had about 5,000 unfilled positions.

Thus, it emerged as a campus designed to teach short, face-to-face programming courses.

Its founders were Eduardo Bruchou and Nelson Duboscq, who in the 90s specialized in

bringing management masters to Argentina from their HSM agency.

“We are focused on helping Latin America to go from being an economy based on the export of raw materials to one

based on the creation and export of knowledge.

That is why 'learning to learn' and 'learning by doing'

are fundamental pillars when developing our educational method.

To fulfill our mission, we are fortunate to have extraordinary investors such as Mercado Libre, Globant, Kaszek and Riverwood Capital, ”said Duboscq, CEO and co-founder of Digital House.

Marcos Galperin, CEO and founder of Mercado Libre added: "In this way, we are helping to develop skills that will add value to societies and improve their quality of life."

And Martin Migoya, co-founder and CEO of Globant, noted: “The digital transformation industry is

growing exponentially, opening up new career opportunities for talent around the world

.

To address this need, we have to encourage people to train. "

In turn, Hernán Kazah, cofounder and managing partner of Kaszek added: “We have been working with Digital House for several years and we have always received excellent feedback from its students, graduates and partners.

This has led us to invest once again in the organization and to

help promote the development of the digital talent that is needed in Latin America ”.

"Digital House is building a unique ecosystem, combining valuable educational content and leaders, a modern and high-quality educational platform, and an active partnership with technology companies and employers," argued Jeff Parks, co-founding partner and partner. manager of Riverwood Capital.