Evan Williams’ Medium Raises $57 Million in New Round of Funding

Blogging platform was founded by Twitter co-founder Evan Williams

Last Updated: September 28, 2015 @ 5:20 PM

Medium, the blogging platform founded by Twitter co-founder Evan Williams (pictured above), has raised $57 million in a new funding round, the company announced Monday.

The funding drive was led by new partner Andreessen Horowitz with participation from Google Ventures and Greylock Partners. That makes the total raised for the company to be $82 million.

Obvious Ventures, The Chernin Group and a number of investors from Medium’s first round of financing also contributed.

“This investment strengthens Medium for the foreseeable future and allows us to continue, heads down, running hard to fully realize our vision,” Andy Doyle, head of operations, said in a statement on Medium.com.

Medium was founded in 2012 and opened to the public in October of 2013, with the aim of offering a simple and elegant writing tool combined with a network centered on participation.

Two years later, Medium is home to well-known influencers and regular contributors, as well as people who use Medium as a place to share thoughtful insights, entertaining perspectives, and moving human stories with the world. More than 20,000 people write on Medium each week.

The company says that it will announce new features and partnerships at an event on Oct. 7.