Twitter Cofounder Ev Williams Raises $25 Million for Medium

Medium, the blogging platform started by Twitter cofounder Evan Williams, has raised $25 million from a group of veteran technology investors.

The funding is the first outside investment into the site, which launched in a beta version in August 2012. News of the investment first broke on Re/Code.

[seeaso url="https://mashable.com/2013/12/10/best-mashable-longreads/"]

This is not Williams' first foray into long form web writing; he also founded Blogger, one of the first self-serve weblogs. Medium updates the concept with a sleeker look and visual backdrops, as well as networking and collaboration opportunities for writers Read more...