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Catalyte Begins 2020 With $4 Million In New Funding

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The Baltimore Business Journal
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Baltimore's fast-growing Catalyte is kicking off 2020 armed with $4 million in new funding, according to recent filings with the U.S. Securities and Exchange Commission. 

The firm, which focuses on workforce development in the software space, officially closed its latest round of funding this month. Within the last seven months, the company has raised a total of $14.7 million in new debt financing through two transactions. Participants in those transactions included Ukraine's TA Ventures, Tinder co-founder Justin Mateen and other undisclosed investors. Catalyte has been growing quickly in Baltimore, and beyond, in the past several years. The company is headquartered in the city's Otterbein neighborhood and has been offering onsite developer trainings at satellite locations in Chicago, Denver and Portland, Oregon.

READ THE FULL STORY ON THE BBJ WEBSITE.

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