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Venture Capital News: Medium Pulls $25M In Funding

2014-02-05
SAN FRANCISCO, CA, Medium has received a $25 million investment to grow its online publishing platform.
A publishing platform developed at the Twitter founders' incubator

Medium, a publishing platform developed at The Obvious Corporation by Twitter founders Evan Williams, Biz Stone, and Jason Goldman, has received $25 million in funding led by David Sze and Josh Elman of Greylock Partners, according to Williams' company blog. The round also included angel investors and friends of Medium.

In his statement, Williams said that while he would be happy to continue investing in the company himself, its best chance for success would be to bring new partners into the fold.

Medium is a modern publishing platform developed at The Obvious Corporation, the incubator founded by Twitter founders Evan Williams, Biz Stone, and Jason Goldman. It is a simple online publishing platform that features writing of all genres and subject matters.
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