New blogging platform Medium raised $25m in venture capital funding.
According to Re/Code (read here), the round was led by Greylock Partners, with participation from Google Ventures, Chris Sacca, Ron Conway, Tim O’Reilly, Michael Ovitz, Gary Vaynerchuk, Betaworks, Code Advisors, CAA Ventures and Science. In conjunction with the funding, Greylock’s Josh Elman and David Sze will join Medium’s board.
The company will use the funds to continue to grow operations, by expanding content strategy and improving the underlying technology.
Created by Twitter and Blogger co-founder Ev Williams, Medium is a collaborative platform that allows people to share ideas and stories longer than 140 characters that aims to make readers’ day better and manifestos that change the world.
It is used by professional journalists, bloggers, thinkers and experts in any field.
The company is hiring.