Stack Exchange Obtains $6,000,000 New Round

  • Feed Type
  • Date
    5/4/2010
  • Company Name
    Stack Exchange
  • Mailing Address
    55 Broadway Floor 25 New York, NY 10006
  • Company Description
    Stack Exchange is a programming Q & A site that’s free. Free to ask questions, free to answer questions, free to read, free to index, built with plain old HTML, no fake rot13 text on the home page, no scammy google-cloaking tactics, no salespeople, no JavaScript windows dropping down in front of the answer asking for $12.95 to go away. You can register if you want to collect karma and win valuable flair that will appear next to your name, but otherwise, it’s just free. And fast. Very, very fast.
  • Website
    http://www.stackexchange.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    StackOverflow plans to use the money to launch more sites with similarly narrow focus in several other verticals.
  • M&A Terms
  • Venture Investor
    Union Square Ventures
  • Venture Investor
    Undisclosed