GV finds happy Medium for $50m series C

Apr 22, 2016 • Robert Lavine

Publishing platform Medium boosted its total funding to more than $130m in a GV-backed round that reportedly valued it at $600m.

US-based publishing platform Medium raised $50m yesterday in a series C round that included GV, the corporate venturing unit formerly known as Google Ventures.

Spark Capital led the round, which also featured fellow venture capital firm Andreessen Horowitz and Medium’s founder and CEO, Evan Williams. The round valued the company at $600m, a person familiar with the financing told Re/code.

Founded in 2012, Medium operates a blogging platform that in effect exists in the middle ground between microblogging platforms like…

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