Online Coding Startup HackerRank Raises $30M in Series C Round
Technical talent evaluation and online coding challenge community HackerRank announced on Tuesday that it has secured $30 million in a Series C round of funding led by JMI Equity, a growth equity firm focused on investing in leading software companies. In addition to that, Suken Vakil, General Partner at JMI Equity, has joined HackerRank's Board of Directors.
The round also saw participation from its existing investors, including Khosla Ventures, Battery Ventures, Randstad Innovation Fund, and Chartline Capital Partners, that added to the fund making it to $58.2 million.
The company said in a press release that it will be using the infused funding to "accelerate its growth in the enterprise, expand and support its thriving and rapidly growing community of more than 3.4 million develo...