HackerRank Raises $30M in Series C Funding

HackerRank, a Palo Alto, CA-based platform for companies to evaluate technical talent based on skills, raised $30m in Series C funding.

The round, which brings total funding to $58.2m, was led by JMI Equity with participation from existing investors Khosla Ventures, Battery Ventures, Randstad Innovation Fund, and Chartline Capital Partners. In conjunction with the funding, Suken Vakil, General Partner at JMI Equity, joined HackerRank’s Board of Directors.

The company will use the new capital to accelerate its growth in the enterprise, expand and support its community of more than 3.4 million developers, and advance its data science research and development.

Led by Vivek Ravisankar, co-founder & CEO, HackerRank provides a technical hiring platform for businesses to evaluate software developers based on skill. Over 1,000 customers across all industries, including 5 out of the top 8 commercial bank institutions in the U.S. and 4 of the top 7 retail companies, use HackerRank’s automated skills assessments to evaluate and hire technical talent from around the world.
Customers include BlackRock, Atlassian, VMware, Capital One, and Looker.



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