Investment set to catalyze business growth in the Netherlands and the UK
Vienna, April 08th,2024 – Round2 Capital provides a 7-figure investment to Europe’s leading developer community WeAreDevelopers.
Founded in 2017, the company’s career platform provides valuable tech content, perfect-fit job opportunities, and outstanding events throughout the year to support the professional and personal growth of developers.
It creates substantial value for organizations looking to actively engage with software developers for recruitment or business development purposes and is used by numerous global brands such as Volkswagen, Red Hat, GitHub, Vodafone, ING, Dynatrace, Bosch, Canva, and Hugo Boss, among others.
The company achieved global recognition through hosting the WeAreDevelopers World Congress, the world’s leading annual event for developers, bringing together over 15,000 participants and 500 speakers.
The funding from Round2 is now used to catalyze the growth of the platform in the Netherlands and the UK.
Sead Ahmetović, CEO of WeAreDevelopers, underlined the importance of the funding for the international expansion: “We are thrilled to partner with Round2 Capital for our next phase of international expansion. This collaboration marks a significant milestone in our journey, setting the stage for us to further amplify our developer community’s growth and our impact on the tech industry at large.”
Stefan Nagel, Managing Partner at Round2 Capital, commented on the investment: “We are excited to back WeAreDevelopers as they extend their reach into the Netherlands and the UK. Their development in the DACH region underscores their potential for success on the international stage. With software being core to our investment strategy, we believe in their vision for building a strong community and ecosystem in the development space, and are excited to be a part of the next phase of growth.”
About WeAreDevelopers
WeAreDevelopers is Europe’s leading community for developers, dedicated to empowering tech talents and accelerating their careers. Founded in 2017, the company’s career platform provides valuable tech content, perfect-fit job opportunities, and outstanding events throughout the year to support the professional and personal growth of developers. The company achieved global recognition through hosting the WeAreDevelopers World Congress, the world’s largest annual event for developers, bringing together over 15,000 participants and 500 speakers to share their insights, exchange ideas, and shape the future of technology. Here, the global developer community regularly discusses current trends and developments along with industry leaders such as Steve Wozniak, Sir Tim-Berners-Lee, Amanda Silver, Cassie Kozyrkov, Garry Kasparov, and many more superstars of the tech industry. WeAreDevelopers is on a mission to level up the careers of developers and to foster a community of tech professionals who are driven to succeed and make a significant impact on the industry. CEO and founder Sead Ahmetović was included in Capital Magazine’s Top 40 under 40 in 2023.
About Round2 Capital
Round2 Capital is a fast-growing European investment firm with EUR 160m under management. Based in Vienna and London, the firm is a strong partner for European scale-ups and companies with digital and sustainable business models. Since its foundation in 2017, Round2 Capital has been pioneering revenue-based finance in Europe and is active in several European countries, with a focus on Germany, Switzerland, Austria, and the Nordic countries. To date, Round2 Capital has invested in 34 different software and technology scale-ups across 9 jurisdictions.
Round2 Capital is backed by the European Investment Fund (EIF) to support technology companies in the European Union. Round2 Capital Partners II is partially funded under the so-called “Mezzanin Dachfonds für Deutschland Fazilität 2”, a facility managed by EIF for the ERP Sondervermögen, represented by the German Federal Ministry for Economic Affairs and Energy (“Bundesministerium für Wirtschaft und Energie”), LfA-Gesellschaft für Vermögensverwaltung mbH and NRW.Bank Anstalt des öffentlichen Rechts.
For more information about Round2 Capital, please visit: www.round2cap.com
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Press contact Round2 Capital:
Julian Bejer | jb@round2cap.com | +43 150 300 34
Press contact WeAreDevelopers:
Sybille Zimmermann | wearedevelopers@piabo.net | +49 1737359396
