HackerNoon raises $250k at $50M valuation from Forward Research.

HackerNoon, the popular technology publication, has raised $250k in funding from Forward Research, valuing the company at $50 million. The funding will be used to expand the publication’s reach and improve its content offerings.

HackerNoon was founded in 2016 by David Smooke and Linh Dao Smooke as a platform for tech enthusiasts to share their knowledge and insights. Since then, it has grown into a leading publication in the tech industry, with over 4 million monthly readers and a community of over 12,000 writers.

The publication covers a wide range of topics, including blockchain, artificial intelligence, cybersecurity, and software development. It has also become known for its commitment to open-source technology and its support of independent writers.

The funding from Forward Research will allow HackerNoon to continue to grow and expand its offerings. The company plans to use the funds to hire additional staff, improve its content management system, and develop new features for its readers.

“We’re thrilled to have the support of Forward Research as we continue to grow and evolve,” said David Smooke, CEO of HackerNoon. “Our mission has always been to provide a platform for tech enthusiasts to share their knowledge and insights, and this funding will help us do that on an even larger scale.”

Forward Research is a venture capital firm that focuses on investing in early-stage technology companies. The firm has a track record of successful investments in companies such as Airbnb, Dropbox, and Slack.

“We’re excited to be partnering with HackerNoon as they continue to build a leading publication in the tech industry,” said a spokesperson for Forward Research. “We believe in the company’s mission and are confident that they will continue to grow and succeed in the years to come.”

Overall, the funding from Forward Research is a significant milestone for HackerNoon and a testament to the publication’s success in the tech industry. With the additional resources and support, the company is well-positioned to continue to grow and provide valuable content to its readers.

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