Stack Overflow Raises $6 Million From Union Square and Several Angels
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Stack Overflow is a website where users can ask technical and programming languages. The website has just raised $6 million in their first round of funding led by Union Square Ventures. Other investors include Ron Conway, Caterina Fake, Chris Dixon, Bob Pasker, Micah Siegel, Naval Ravikant, Nirav Tolia, and Joshua Schachter.
Stack Overflow describes themselves as a wiki, a blog, a forum, and a social website. Stack Overflow receives 7.1 million unique visitors per month. While the company receives high traffic, they had a hard time charging for their services. This may be one of the reasons why they needed to raise funding according to VentureBeat.