IT Staffing Report: Jan. 5, 2017

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Temp Holdings invests in US-based coding boot camp

Temp Holdings Co. Ltd. is investing in Hack Reactor LLC, a coding boot camp based in San Francisco. The amount of the investment was not announced.

Hack Reactor is led by co-founder and CEO Tony Phillips. The company says its mission is to empower students to succeed in new careers in software engineering, and its immersion education trains students 11 hours per day six days per week over a 12-week period. Students learn computer science fundamentals and the JavaScript programming language.

Hack Reactor’s placement rate is as high as 98.1% and average salary after employment is USD 104,069, according to Temp Holdings.

Temp Holdings, based in Tokyo, ranks among the largest global staffing firms.

The investment was made through the company’s Temp Innovation Fund, which aims to “create social infrastructure for people and organizations that catalyze growth and innovation by promoting investment in skilled and innovative startups, mainly in HR tech service domains, both in Japan and overseas since its establishment in 2015.”