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Startup DEV raised $11.5 million to build a Facebook for developers - Business Insider

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Here’s the pitch deck the founders of DEV used to raise $11.5 million to build the Facebook for software developers

is a social network geared to software developers, a platform where they can share and test ideas, and engage with fellow programmers and engineers.

Navin Chaddha, managing director of Mayfield, called DEV "an open, decentralized Facebook for developers." Frank, the DEV CEO, developers also interact on other social platforms, but he said he and his co-founders -- Ben Halpern and Jess Lee -- wanted to build a more inclusive site, where developers of different backgrounds can feel more comfortable.

Frank said that unlike other social media platforms, "our business model is not predicated on hoarding user data in order to serve increasingly targeted advertisements," he said — an apparent reference to Facebook and its ad-driven business model.

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