I’m really excited to share with you the fact that Stack Overflow just raised $85 million in our series E round of funding. I've written about the investment in detail on our blog.
As I said there, our public community and commercial products are symbiotically linked. One cannot succeed without the other, and the more one prospers, the more it can propel the success of the pair. With this funding, we will be able to invest in more people and tooling on our public platform and community management teams; in the tools, features, and platforms that support our community managers, moderators, and users. We’ve shared our Q3 roadmap for the community, and I am confident that this funding will allow us to deliver on and expand that commitment. What we learn from these communities will help us to build better, more useful products for developers, technologists, and the companies that rely on them.
This is due to a great deal of work done by the whole company to build products that can financially support our community. And the motivation to invest more in the Community is not just something that we are talking about externally - it is also something strongly felt within the company. I want to share a line from an email I wrote to the whole company this morning as part of this announcement.
“We will continue to invest in our community and in internal resources to help address areas where employees have felt under-resourced historically.”
This funding will allow us to hire additional support for the Community team. We’ll be opening CM roles, a second PM role on the Public Platform team, as well as additional developers and designers to help support the things we need to build.
Our recently-announced Q3 roadmap will stay as-is since we won't be able to grow the Community Team quickly enough to work on anything this quarter, but we are kicking off research and collaboration across the Team and community for future plans.
Please leave any questions or comments below and we will try to address them as best we can. Because of the funding news, today will be quite busy internally, and we may not be able to provide thorough answers right away for all questions, but we will work to respond over the next 48 hours.
This couldn’t have happened without our users, our Moderators, and the millions of people that come to our sites every month. We appreciate your continued support and dedication to Stack Overflow and the Stack Exchange network, and we are excited to have more resources to be able to work on problems and solutions with the community in the future.