Software blogging platform-Hashnode secures US$ 6.7 million in Series A funding

Hashnode, a Bangalore and Delaware based software blogging platform, has raised US$ 6.7 million in Series A funding on August 18 2021. Salesforce Ventures led the financing round with Sierra Ventures, Sequoia Capital India’s Surge, Accel Partners, Naval Ravikant (co-founder, Angellist), Des Traynor (co-founder, Intercom), Guillermo Rauch (co-founder, Vercel), Salil Deshpande (general partner, Uncorrelated) and Ed Roman (managing director, HackVC). Hashnodes has welcomed yet another funding venture just eight months after its seed round of US$ 2.1 million. 

The startup claims to have grown to one million users in a year from 100,000 active users monthly. With an aim to become number one in the industry, Hashnode is currently hosting 60,000 active blogs. 

Fund Utilisation

‘The startup will use the latest capital for the continuation of the platform’s user base, growth, and accelerate its mission of becoming the number one platform for software development, engineering and technology content – in turn, powering the creator economy for the rapidly expanding developer community, it said in a statement. 

What the CEO has to say

CEO and co-founder of Hashnode, Fazle Rahman, said, “Software developers are valuable members of the creator economy, fueling today’s most innovative technologies. We launched Hashnode because this group deserves a blogging platform built just for them – one where they can easily find each other, share ideas with like-minded professionals, and collaborate to build game-changing technology.” 

“We are now evolving into the biggest tech blogging platform, with renewed interest from ML, Data Scientists — not just software developers but the tech ecosystem. All businesses today have tech blogs, and they need something simple for all developers to use. In that sense, Hashnode is an easy fit,” signed off Fazle.

What the Investors have to say

Partner at Accel, Shekhar Kirani, said, “Technology changes rapidly, and there wasn’t any single place for people to learn and connect regularly. Today, every company is becoming more digital. Every sector has a tech play, and software is at the heart of everything.”

He added, “Even months before the official launch, we had been interacting with the founders through the iteration and different stages of the product. They have built a strong community, and these aren’t built overnight. The founders are product-first and have hired a team that is global in nature. And you see that even in the investors they attract — these are the people who use the product.” 

“Hashnode is fast, beautiful, and stands on the shoulders of giants, that is, it takes the best ideas from prior-generation publishing platforms such as Medium and others while avoiding the awkwardness or intrusion caused by the limitations of their technology or business models,” said, Silicon Valley investor, Salil Deshpande, Founder of Bain-backed Uncorrelated Ventures, “Hashnode is growing fast, and is seeing great adoption worldwide. Their ultimate vision for changing the way developers share knowledge strongly resonates with me.” 

About Hashnode

Launched in 2020 by Sandeep Panda and Syed Fazle Rahman, Hashnode is a free content creation platform and community that allows you to publish articles on your domain and helps you stay connected with a growing developer community. This gives you a considerable advantage: Google and other search engines send traffic directly to your environment, and Hashnode community members discover your articles on their feed. To know more, visit https://hashnode.com/.

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