Series Coldewey TechCrunch, a leading technology news and analysis website, has recently announced that it has raised $28 million in a Series C funding round. The funding round was led by Insight Partners, with participation from existing investors such as True Ventures, SoftBank Group, and others.
With this latest funding round, Series Coldewey TechCrunch aims to expand its tech industry coverage, accelerate its growth, and introduce new features and products to its readers. According to the company’s CEO, Ned Desmond, the funding will be used to hire more reporters and editors, invest in new technologies, and expand the company’s international coverage.
Desmond stated, “We’re thrilled to have Insight Partners as our lead investor in this round. Their experience and expertise in scaling high-growth companies will be invaluable as we expand our coverage and reach more readers worldwide.”
Series Coldewey TechCrunch was founded in 2005 by Michael Arrington and has since become one of the world’s most influential technology news and analysis websites. The website covers various topics, including artificial intelligence, blockchain, cybersecurity, fintech, hardware, software, and startups.
Over the years, Series Coldewey TechCrunch has built a large and loyal following among technology professionals, entrepreneurs, investors, and enthusiasts. The website has also played a critical role in the growth and development of many successful technology startups by providing them with exposure and valuable insights.
With the new funding, Series Coldewey TechCrunch plans to expand its coverage of emerging technologies such as quantum computing, biotech, and space tech. The company also plans to invest in new technologies, such as augmented reality and virtual reality, allowing it to create more engaging and interactive content for its readers.
In addition, Series Coldewey TechCrunch plans to expand its international coverage by hiring more reporters and editors in key regions such as Europe, Asia, and Latin America. This will allow the company to provide more localized coverage of technology news and trends and to serve its global audience better.
Overall, the $28M Series C Funding Round of Series Coldewey TechCrunch is a significant milestone for the company. It will enable it to continue its growth and expansion in the highly competitive technology news and analysis industry. With its focus on emerging technologies, innovative content, and global coverage, Series Coldewey TechCrunch is well-positioned to remain a leading player in the industry for years to come.
