Hacker Noon Raises $1M From Coil, Will Stream Micropayments from Readers to Writers via the Browser
Summary
EDWARDS, Colo.--(BUSINESS WIRE)--Hacker Noon, the technology publishing platform serving 4M readers per month, today announced a $1M strategic investment from Coil, the San Francisco-based startup designed to help creators monetize content and provide a premium experience to consumers. “We’re thrilled to be working with Hacker Noon to provide its community with a simple way for readers and writers to participate in the value exchange between one another. “In addition to implementing the Web Monetization standard, we will use this investment to expand the editorial, sales, and most importantly, software teams,” said David Smooke. We are an open and international community of 12,000+ contributing writers publishing stories and expertise for 4,000,000+ curious and insightful monthly readers. Coil makes it easy for creators to monetize their content across the internet, and provides an alternative to advertising and site-by-site subscription models.