How Much Did DEV Raise?
Funding & Key Investors

DEV, a prominent platform for software engineering collaboration, has successfully secured a major strategic investment, bringing its total capital accumulation to $11.5M. This latest infusion of $11.5M marks a pivotal milestone in the company's trajectory, signaling robust market confidence in its open-source social networking model for developers. By consolidating its financial position, the firm is well-positioned to accelerate its mission of fostering networked learning and professional connectivity within the global software development ecosystem.

What is DEV?

DEV
SoftwareContent & Collaboration SoftwareMedia & Internet

Founded in 2017 and headquartered in Brooklyn, New York, DEV has established itself as a critical infrastructure layer for the developer community. The platform provides an open-source social network that facilitates knowledge sharing, collaborative problem-solving, and technical discourse. By prioritizing a developer-first user experience, the company has successfully carved out a niche in the competitive landscape of professional networking, moving beyond traditional social media to create a high-utility environment for technical talent. Its market position is defined by its ability to aggregate high-quality technical content and foster a collaborative culture that is essential for modern software engineering teams.

How much funding has DEV raised?

DEV has raised a total of $11.5M across 1 funding round:

2019

Series A

$11.5M

Series A (2019): $11.5M with participation from Charge VC, OSS Capital, and Mayfield

Key Investors in DEV

Mayfield

Mayfield 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.

Charge VC

A venture capital firm focused on identifying and supporting high-growth technology startups with scalable business models.

OSS Capital

A specialized investment firm dedicated to backing open-source software companies and commercializing community-driven technology projects.

What's next for DEV?

With this major enterprise-level funding, DEV is expected to focus on scaling its platform architecture and expanding its reach into broader enterprise markets. The strategic backing from seasoned venture firms suggests a roadmap centered on sustainable growth, potential monetization of its collaborative tools, and the enhancement of its core networking features. As the company transitions from its early-stage development phase into a more mature operational cycle, the focus will likely shift toward deepening its integration with existing developer workflows and solidifying its role as the primary hub for technical professional development and peer-to-peer learning.

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Frequently Asked Questions Regarding DEV Financial Insights

What are the most recent funding rounds that DEV has completed, and what were the funding rounds?
DEV has recently completed 1 funding rounds: Series A on Nov 7, 2019.
What is the total amount of funding DEV has raised to date?
DEV has raised a total of $11.5M in funding to date.
How many funding rounds has DEV completed?
DEV has completed 1 funding rounds.
How much funding did DEV raise in its most recent funding round?
DEV raised $11.5M in its most recent funding round.
Who are the lead investors in DEV's latest funding round?
The lead investor in DEV's latest funding round was Charge VC. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in DEV's history?
The largest funding round in DEV's history was $11.5M.
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