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Ben Halpern
Ben Halpern

Posted on with Jess Lee (she/her) and Peter Kim Frank

Announcement from the DEV Community Founders ❤️

We’re excited to share with you all that we’re taking a new step in the DEV journey.

We have taken on some new investors in order to help keep the lights on and grow our inclusive community of software developers. We set out to raise about $750k from open-source enthusiasts and authentic supporters of the DEV community. With an overwhelming amount of enthusiasm, we wound up raising about $950k in order to get a lot of great folks involved.

Importantly, we still have a three-person board consisting only of myself, Jess and Peter. Our founding team, therefore, still has full control over the project’s direction. We fundamentally saw this process as a way to bring in some great new partners from the industry. Our new backers will help us build DEV into the best version of what it can be. That’s probably what everyone says, but I think it’s quite true in this case.

In order to ensure that the round was made up of good people who understood our values, we took checks as low as $5k from developers and industry professionals who qualified as accredited investors. Our lead investor is OSS Capital, led by Joseph Jacks. Joseph founded Kubecon and is a very active participant in Kubernetes and other open source initiatives. As the fund's name might imply, they invest exclusively in open source, and we are actually their very first investment.

Here is the list of the rest of the investors involved. We're keeping the bios relatively brief, so we can’t do everyone full justice.

  • Amjad Masad — Founder of repl.it, formerly founding engineer at Codeacademy and Facebook engineer. Contributed to Babel and other projects.
  • Tracy Chou — Software engineer/entrepreneur, formerly at Pinterest, Quora and other. Founding advisor for Project Include.
  • Charge Ventures NY-based pre-seed venture fund that loves technical projects. The founding team, especially Brett Martin, has specific experience and insight related to building social platforms.
  • Ohad Eder-Pressman — Programmer, entrepreneur and angel investor. Founded AppSharp & 3D3R Software. Early Investor in Netlify, IFTTT, and others.
  • Alex Sirota — Programmer, entrepreneur. Founder of Loop Commerce, creator of several web tools you’ve probably used.
  • Matt Biilmann and Christian Bach — Founders of Netlify.
  • Brianne Kimmel — SaaS Investor, previously GTM and Tech Integrations at Zendesk.
  • Jenny Fielding / Eclectic Fund — Entrepreneur and Managing Director at Techstars.
  • The Fund Early stage venture fund comprised of over 75 NYC-based founders and operators. Co-Founded by Jenny Fielding, Matt Brimer (Co-Founder of General Assembly), Katie Hunt (Third employee @ Warby Parker, Chief Brand Officer @ Hinge), and Adam Carver (Previously Director of Business Development @ Angelist).
  • Bruce Karsh — Co-Chairman and Chief Investment Officer at Oaktree Capital.
  • Boling Jiang — CEO at Privacy.com.
  • John Xie — CEO at Taskade.
  • Mike Rothman — CEO at Fatherly.
  • Peter Wang — CTO at TheMighty, previously CTO at Refinery29.

So, what’s next for DEV?

In short, nothing too glamorous. Our day-to-day is going to be more of the same. The new funds will allow us to prioritize sustainable growth and value-enhancing features. We have come this far by being community-first and we want to evolve this technology platform to be as great as the people who spend time here. We have humble origins, and really just want to repay the community for the amazing encouragement along the way.

We will be able to make a few new hires (check out our new openings), but we will be maintaining a modest team size as we continue to build a healthy open source project. We will continue to experiment with and eventually launch new career and education-oriented initiatives. Above all, we’re going to do our best to build this business in a sensible way. Our long-term vision and goal are unchanged: we’ll keep striving to provide an inclusive space for the world’s software developers to evolve their craft.

Same book, new chapter. Happy coding!

Discussion (92)

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Peter Kim Frank Author

We're so thankful to have partnered with investors that understand and share our long-term vision and priorities. This entire project only works because of the incredible and ongoing contributions from all of you in the DEV community — we'll work hard to always respect that relationship as we grow and evolve.

Thank you for being an integral part of this journey!

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Nitya Narasimhan

Wow - congratulations Jess, Ben, Peter and the entire DEV team. I continue to be impressed by how deliberate and measured you have been in every decision made, and it's inspiring. Here's to the next phase and future!

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Jess Lee (she/her) Author

Thank you Nitya!

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Ben Halpern Author

Thank you Nitya!

Your support has been incredibly motivating.

I very distinctly remember our first time meeting

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Nitya Narasimhan

OMG!! This. I remember this day so well - and its incredible how far you've come while still retaining that core focus & principles that you were articulating then. I am super grateful we met and feel privileged to know you both. Not sure from the tech perspective, but from the larger fact that you are teaching me (and so many more) about empathy & inclusivity by action.

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Jess Lee (she/her) Author

Thanks for being a part of this journey everyone. We look forward to working with everyone to build the platform that our community deserves.

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Sung M. Kim
const EVER = true;
for (;EVER;) {
 console.log(`Congrats for taking the new step toward the better dev.to~ ❤🦄🔖`)
}
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Ben Halpern Author
return ❤️
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Freddy González

This is one of the reasons why I love developers/programming communities. ❤

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Amjad Masad

Congratulations to your team and the dev.to community at large! Excited for what's to come and happy to be part of the journey.

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Codemonkey51

Woah.... it's amasad

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ben profile image
Ben Halpern Author

Thank you so much, Amjad! Can't wait to see how we can work together to create the best possible developer ecosystem.

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Ohad Eder-Pressman

Congrats to the DEV team and the awesome community

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Raunak Ramakrishnan • Edited

Congratulations! The dev.to community has been the most friendly and constructive Internet community I've interacted with. Hope that the investment results in even more awesome developers joining this community.

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Ben Halpern Author

Thanks for the incredibly kind words. Our intent is to double down on all the efforts that have gone into fostering this so far.

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Scooter Phoenix

I'm really happy for you and Jess and Peter. You are such a big part of our 'little' community, and looking forward to all the wonderful things that will come next. Wishing you success and propensity for years to come.

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Ben Halpern Author

Thank you so much!!

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Michael Kohl • Edited

Well done Ben, Jess and Peter :-) You've been building an awesome community here and I'm glad to be a part of it.

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Ben Halpern Author

Thank you Michael! I feel like we've occasionally been too busy to even make use of the wonderful support and help we've gotten from folks like you and @nickytonline and many others. And the fundraising process really didn't help that.

But the future is looking really wonderful and we will be looking to improve our communication patterns with some of the amazing devs on the site like yourself.

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Nick Taylor (he/him)

Congrats and amazing news! Keep up the great work. 🔥💯

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Ben Halpern Author

Thanks so much!! Your support has been truly amazing Nick! This is only the beginning of something that will keep growing and becoming more special.

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George Marr

Holy guacamole this is incredible news for the entire DEV team. I struggled to find a dev forum that I liked and could stay in, after being here for over a year that's now over. So glad and thankful for the people that have helped keep this site alive, all the work that has been done by the core team and open source contributors is astonishing and inspiring. Cannot wait to see what's installed for the future!

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Ahmad Awais ⚡️

That is a super awesome news. Congratulations @ben , @jess , and @peter . You folks have done a commendable job. I am happy to see DEV grow. Happy to be a part of it all. 🎉

Peace! ✌️

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Ben Halpern Author

Woohoo! Thanka Ahmad!

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Jerod Santo

Congrats Ben, Jess, Peter, and team! 👏👏💚💚

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Ben Halpern Author

Thanks Jerod, much love back at you!

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Mario DeLaPaz

Congrats Dev Team! It's been exciting watching the community grow! Ever since I found this, I find myself coming back almost every day. Keep it up! 👌🏽 👍🏽

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Lynne Tye

Woohoo!!! Exciting news, Ben, Jess, and Peter!

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Peter Kim Frank Author • Edited

Thanks, Lynne! It's been awesome watching KeyValues.io grow and evolve through a similar timespan. We've all been building and working hard. Onwards! :)

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Lynne Tye

I know! I don't have kids yet, but I imagine it's like two parents watching their new borns grow up side by side. And who knows, maybe our kids will grow up and play well together as toddlers? 😜

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Seth Lilly

Congratulations to @ben , @jess , @peter , and the entire team! I love seeing this solid growth and knowing I can continue to enjoy quality articles and comments from this community. Looking forward to the next evolution!

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Ben Halpern Author

Thanks!

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Ryan Hoover

Huge milestone. Congrats, @bendhalpern, @peter , @jess , and team. 🙌🏼

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Ben Halpern Author

Woohoo! Thanks Ryan!!

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Meghan (she/her)

WOW! That's such amazing news! 🤩 Can't wait to see what's in store, DEV is honestly one of my favorite websites 💖

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Peter Kim Frank Author

Thanks, Meghan! You've been amazing member. I sometimes use your profile as an example of someone who has earned most/all of the badges :)

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Ben Halpern Author

Thanks Meghan!!!

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Kyle Galbraith

Congratulations on the milestone accomplishment dev.to team! I wish I would have been able to jump on board with this as I would have loved to get involved.

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Jonathan Irvin

You guys are awesome. I'm so proud of what you guys have made. Expect a resume from me shortly lol.

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Jonathan Irvin

@ben you should have my application in your inbox :)

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Ben Prax

This sounds great! I can't wait for what's in store for this awesome community. I've always found dev.to to be so friendly and so helpful in the daily. I've always found articles that are so easy to understand. The people here are so friendly and really knowledgeable in a lot of subjects. Dev.to also has given a platform for people like me who don't really have much experience to share what little knowledge we have. It's great! Glad to hear Dev.to isn't going anytime soon 😁 ❤️

This deserves a slice of pie 🍰!

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rhymes

Wow amazing! I'm so happy about this move you folks made.

The list of investors is great :-)

Well, congratulations!

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Ben Halpern Author

Thank you Rhymes! We honestly couldn't have done it without folks like you who have really gotten it. We look forward to a long and awesome relationship.

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ItsASine (Kayla)

Celebrate

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Yaser Al-Najjar

Long live Dev ❤

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Ben Halpern Author

🙌

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Benny Powers 🇮🇱🇨🇦

Well done

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Ben Halpern Author

Thanks Benny! You've been such an uplifting member.

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Benny Powers 🇮🇱🇨🇦

It's a pleasure. This project is really refreshing, both technically (blogging in markdown! woohoo!) and socially (inclusivity, transparency, beginner-friendliness) and I think it's time has come.

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Joseph Jacks

So honored to partner with you all and be a part of the DEV family!

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Ben Halpern Author

Can’t wait to do big things together!

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PDeveloper

Nice, exciting stuff!

I'm wondering and hoping that the new career and education-oriented initiatives will be the monetization / revenue streams, and everything so far should stay the same?

Very good news, congratulations!

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Ben Halpern Author

Things are generally going to stay the same, but we will be exploring features relating to training on new skills and finding new career opportunities.

We actually already do some of this stuff, but it's all pretty experimental. It's all based on opt-in, the last thing we want to do is be annoying or extracting in any way. That's why we don't want to lean too far in on the sponsorship stuff we do. If we did too much of that it would take away from the core experience. A healthy commercial component to complement the rest of the ecosystem is what we're going for.

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Adam Crockett

DEV has something special, I can't put my finger on it. Now with investors you can keep up this amazing platform! Congratulations!

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Phil Nash

Well, I think everyone else has already said it, but congratulations! I'm excited that DEV has an increasingly good looking future. There are few communities that deserve this more than this one.

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Ben Halpern Author

You’ve been such a longtime believer. Can’t wait to keep working with you to improve the whole dev ecosystem.

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Judith

Congrats Ben, Jess, and Peter! Welcome new investors and thx for supporting such a worthwhile project! Awesome news!