In July 2020, at the peak of the COVID-19 pandemic, the company raised $85 million. Chandrasekar told Business Insider India that the funds will be used to grow Stack Overflow for Teams, a paid product at the center of his strategy to make Stack Overflow a software-as-a-service (
He said much of the growth plan, though not all of it, will focus on India.
"India is a big user base for us and it's untapped in the context of our Teams product," Chandrasekar said. He believes India will be "huge powerhouse for software development for companies in the West."
See Chandrasekar speak at the