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§ Venture Capital · New York City, NY, USA
No specific information about this organization's mission, services, or operations is available from the provided research.
DEV has raised $12.0M across 1 funding round.
Key people at DEV.
DEV has raised $12.0M in total across 1 funding round.
Digital Entertainment Ventures (DEV) is a New York-based early-stage venture capital firm that invests in digital media, entertainment, and consumer technology startups. The firm primarily focuses on seed and Series A funding rounds, providing initial capital and strategic guidance to emerging companies transforming the modern media landscape. DEV has successfully built a diverse portfolio of over 20 active and exited investments across the creator economy, streaming infrastructure, and interactive content sectors. The organization has directed its early investment capital toward several notable portfolio companies, including live broadcasting platform YouNow, audio-visual supply chain company Vydia, and live video commerce creator Stage TEN. By leveraging its partners' extensive media industry experience, the firm helps its portfolio navigate complex distribution, monetization, and audience growth challenges within highly competitive global markets. Digital Entertainment Ventures was originally founded in 2012 by Alan McGlade.
Key people at DEV.
DEV is a platform and community primarily focused on software developers, providing a space for sharing knowledge, collaboration, and networking. It serves developers of all skill levels by offering tools and content that help them learn, build, and grow professionally. The platform addresses the problem of fragmented developer communities and the lack of accessible, high-quality resources by creating an inclusive, open environment where developers can connect and support each other. DEV has shown strong growth momentum by expanding its user base and content offerings, becoming a recognized hub in the developer ecosystem.
DEV was founded by Ben Halpern and other key partners with backgrounds in software development and community building. The idea emerged from the founders’ recognition of the need for a developer-centric social platform that emphasizes inclusivity and knowledge sharing without the noise and exclusivity often found in traditional tech forums. Early traction came from organic growth driven by developer word-of-mouth and the platform’s commitment to open source principles, which helped establish a loyal and engaged community.
DEV rides the trend of community-driven knowledge sharing and the growing importance of developer ecosystems in technology innovation. The timing is crucial as remote work and distributed teams increase the need for virtual collaboration spaces. Market forces such as the rise of open source, the demand for continuous learning, and the decentralization of tech communities work in DEV’s favor. By fostering a global, inclusive developer network, DEV influences the broader ecosystem by accelerating skill development and innovation diffusion.
Looking ahead, DEV is poised to deepen its impact by expanding features that support developer growth, such as mentorship programs, enhanced collaboration tools, and integration with emerging technologies like AI-assisted coding. Trends like the increasing reliance on developer communities for hiring, learning, and innovation will shape its journey. DEV’s influence may evolve from a community platform to a critical infrastructure component for the global developer economy, continuing to democratize access to knowledge and opportunities in tech.
DEV has raised $12.0M in total across 1 funding round.
DEV's investors include Mayfield, General Catalyst, Juniper Networks, Redline Capital, Charge Ventures, OSS Capital.
DEV has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Series A in November 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2019 | $12M Series A | Mayfield | General Catalyst, Juniper Networks, Redline Capital, Charge Ventures, OSS Capital | Announced |