Two weeks ago, we announced how we’re making our platform better for professional publishers, including brands. The response to that has been amazing. Hundreds of publishers have moved to Medium, joining our launch partners The Awl, Pacific Standard, and (soon) Bill Simmons’ new project, The Ringer.
Exciting things keep happening for us. Here are two more:
Ben, I’ve known for years. Like many entrepreneurs, I’ve learned a ton from his writing. And I’ve been lucky enough to occasionally go to him for advice about hard things…
We are pleased to announce that Medium recently raised $57 million in capital. The round was led by new partner Andreessen Horowitz with significant participation from Google Ventures and Greylock Partners, who also led our Series A. We are also fortunate to count Obvious Ventures, The Chernin Group, and a number of our Series A angels as investors this round. And, of course, Ev, who founded Medium and remains our majority shareholder. This investment strengthens Medium for the foreseeable future and allows us to continue, heads down, running hard to fully realize our vision.