What is DEV?
DEV offers a unique open-source social network designed to foster collaboration and networked learning among software developers. Established in 2017 and based in Brooklyn, New York, the platform aims to be a central hub for developers to connect, share knowledge, and advance their skills. This strategic positioning in the developer tools and community market is further validated by its recent funding activities.
How much funding has DEV raised?
DEV has raised a total of $11.5M across 1 funding round:
Series A
$11.5M
Series A (2019): $11.5M with participation from Mayfield, OSS Capital, and Charge VC
Key Investors in DEV
Mayfield
Mayfield (mayfield.com) is a Menlo Park-based venture capital firm that raises dedicated funds to invest in early-stage technology companies, primarily at seed and Series A, backing enterprise, consumer, and infrastructure founders and partnering with them through growth and exit.
OSS Capital
OSS Capital is an investor in the funding round.
Charge VC
Charge VC is an investor in the funding round.
What's next for DEV?
With its recent major strategic investment, DEV is poised for significant expansion. The company's focus on an open-source model for developer collaboration suggests a strategy centered on community building and network effects. Future initiatives will likely involve enhancing platform features, scaling its user base, and potentially exploring new avenues for monetization or partnership within the enterprise software ecosystem. The Series A financing indicates a transition from early-stage development to a scaling phase, aiming to solidify its market position.
See full DEV company page
