The Taiwan-based startup, which connects developers with experts mentors, raises seed funding and plans to expand its business
Taiwan startup Codementor, which provides live help to software developers, has raised $600,000 to grow its product and market to a larger audience.
The angel investors for the March 24 funding include David Cohen, the founder of Techstars; WIll Ballard, CTO of Gerson Lehrman Group; the founders of OLX, a Craigslist-like platform, Fabrice Grinda Jose Marin, and Alec Oxenford; the founders of Funzio, Anil Dharni, Andy Keidel and Ram Gudavalli; TMI, a Kaifu Lee fund; and individuals Richard Chen, Rolf Mathies and Vineet Madan, according to Codementor founder and CEO Weiting Liu.
“The funding will enable us to enhance our product and provide us with more marketing resources,” Liu told Geektime. “It is also more than just the funding – we’re thrilled to be working with investors who’ve had hands-on experiences building successful marketplaces before.”
Around the clock help
Liu founded Codementor in 2013. The company, which is now based in both Taiwan and Silicon Valley, provides instant one-on-one help for software developers by enabling them to build projects faster with on-demand live help from expert mentors via screen sharing, video and chat. Liu said the website has more than 600 vetted expert mentors including O’Reilly authors, creators of open source libraries and Stackoverflow users. Experts set their own rate for 15 minute increments of help and Codementor takes 20%.
Liu previously founded SocialPicks, an online community for investors, which was part of the Y Combinator in 2007 and was acquired by SocialInSight in 2009.
Liu and his brother also founded Mr. 6 Inc., a Taiwan Facebook-based marketing company, and it grew from two employees to 50 in two years. Liu said they could not hire new developers fast enough and sometimes situations arose that were outside of their expertise.
“Had Codementor existed back then, we’d be happy customers,” Liu said.