Hashnode raises $6.7M in a Series A round
- ByAyushi Ray | August 19, 2021
Bengaluru and Delaware-based blogging startup, Hashnode raises $6.7M in a Series A round. This funding comes after eight months after its seed round of $2.1 million. The key investors in the current round include Salesforce Ventures, Sierra Ventures, Sequoia Capital India’s Surge, Accel Partners, Naval Ravikant of AngelList, Des Traynor of Intercom, Guillermo Rauch of Vercel, Salil Deshpande of Uncorrelated, and Ed Roman of HackVC. Hashnode claims to have grown from 100,000 monthly active users to one million in a year, hosting 60,000 active blogs. The startup aims to use the funding to continue to grow its user base. Its mission is to become the top platform for software development, engineering, and technology content, which in turn will help it power the creator economy for the rapidly expanding developer community.
On why he chooses to back Hashnode, in an exclusive conversation, Des told YourStory, “Companies built around developer communities have proven to be immensely valuable, yet there is no good software for supporting this type of company building. In Hashnode, I see a great product focussed on developers and developer communities, and I see explosive traction in the amount of developers choosing to share content on Hashnode’s network. I’m excited to see where all this goes.” Interestingly, some of these investors – Surge, Accel, Naval, Salil, Guillermo , were also a significant part of the startup’s previous round. Launched in June 2020 by Fazle Rahman and Sandeep Panda, Hashnode helps software developers, techies, data scientists, and any tech team start a blog on a custom domain for knowledge sharing in the developer community.
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