HackerRank Raises $60M in Series D Funding


HackerRank, a Mountain View, Calif.-based developer skills company, raised $60m in Series D funding.

The round was led by Susquehanna Growth Equity with participation from JMI, Khosla Ventures, Randstad Innovation Fund and Recruit Holdings. As part of the investment, Susquehanna Growth Equity Managing Director Martin Angert will also join HackerRank’s Board of Directors.

The company, which has raised more than $115m in total funding to date, intends to use the funds for continued growth, expansion of the services provided by its global team, investment in technical innovation and partnerships, and scale of the team across all departments.

Vivek Ravisankar is the CEO of HackerRank. HackerRank helps companies find, evaluate, and hire the best technical talent around the globe. HackerRank is used by more than 2,800 companies in all industries, including 25% of the Fortune 100. HackerRank has over 18 million users who use it to share and learn their coding skills.

The company has achieved:

  • Software developers worldwide with over 188 million technical challenges and code submissions.
  • The expanding content library has added 10 roles and 35 new skills, bringing it to 27 roles, 100 abilities, and over 3,100 questions.
  • We have introduced new machine-learning tools for detecting plagiarism in code to verify confidence in assessment scores
  • Transformed to a remote-first model, with employees in 151 cities across five countries
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