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Venture Capital News: Runnable Raises $2M in Seed Funding

2013-10-30
PALO ALTO, CA, Centralized location for finding code, today announces the close of a seed round with committed capital of $2 million
Runnable, the world's first centralized location for finding code, today announces the close of a seed round with committed capital of $2 million to continue to build out its library of code, grow its staff, and begin onboarding its waiting list of over 150 partners who plan to contribute original content to the site.

The seed round was led by Sierra Ventures, with additional investments from Resolute.VC, Angel Pad and 500 Startups. Also participating were industry heavyweights Hiten Shah, founder of KISSmetrics and LinkedIn advisor, and Issac Roth, founder of Makara (acquired by RedHat) and StrongLoop.

Runnable launched its public beta in early October, with the goal of centralizing reusable code from around the world in one place where developers could easily search for and implement code into their own projects. The site has grown quickly since launch, and in less than four weeks now has over 150 companies waiting to partner with the company and post their own code on Runnable. Partners of Runnable can contribute APIs, libraries and SDKs they have developed, making it easy for developers to easily discover, run and edit the code to easily fit into any project.

'The most important part of Runnable, and what we take pride in as a company, is great content, and we're thrilled to see so many companies that are so eager to work with us to have their code featured on Runnable,' said co-founder and CEO Yash Kumar. 'Not only are we helping developers to easily discover and implement code, but we're also giving companies a forum to promote their own APIs and libraries, making it easier for developers around the world to use their products. It's a win-win situation.'

With Runnable, anyone with basic coding knowledge can search for, discover, test and implement code all on one platform. Until now, developers would waste days or even months searching for and reading long and complicated documentation on code. Runnable drastically cuts down on time wasted relearning new languages and searching for new code, by crowdsourcing and centralizing reusable code onto one platform - allowing anyone to find code, run it right in the browser, edit it to suit specific needs, and then drop that code right into whatever project is being built.

To learn more about Runnable, visit www.runnable.com .

About Runnable

Runnable is a platform that lets anyone discover, run and reuse community-sourced code from a browser. By cutting down the time required to learn new coding languages and search for code, Runnable makes building software easier. Runnable is a venture-funded company with offices in Palo Alto, California.
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