Stack Overflow, a NYC-based platform for developers and technologists, raised $85M in Series E funding.
The round, which brings total funding to $153M, was led by GIC with participation from new investor Silver Lake Waterman and existing investors Andreessen Horowitz, Index Ventures, Spark Capital, and Union Square Ventures (USV).
The company intends to use the funds to accelerate its SaaS knowledge management and collaboration offering, Stack Overflow for Teams.
Led by CEO Prashanth Chandrasekar, Stack Overflow is a collaboration platform for developers and technologists to work asynchronously to ship products fast, accelerate onboarding, improve customer experience and drive innovation. The products include a SaaS knowledge management and collaboration offering, Stack Overflow for Teams, in addition to Advertising and Talent solutions.
Stack Overflow for Teams is used by thousands of companies including Bloomberg, Elastic, Expensify, Microsoft, Wix and Zapier to streamline developer and technologist workflows and integrate tools for transparency, security and communication. Over 200,000 paid users across more than 5,000 teams use the platform across Engineering, Product Management, Data Science and Customer Support.