HackerRank – Startup Story | Founder| CEO | Funding| History | Competitors

Introduction:

On the patron aspect, whilst a programmer submits an option to a programming undertaking, their submission is scored on the accuracy of their output. Programmers are then ranked globally at the HackerRank leaderboard and earn badges primarily based totally on their accomplishments to pressure opposition amongst customers.

In addition to man or woman coding demanding situations, HackerRank additionally hosts contests (frequently cited via way of means of HackerRank as “CodeSprints”) in which customers compete at the identical programming demanding situations at some stage in a fixed time frame and are then ranked at the realization of the event. HackerRank is a part of the developing gamification fashion inside aggressive laptop programming and the patron aspect in their HackerRankbsite is loose for coders to use.

About HackerRank:

HackerRank is a tech organization that makes a speciality of aggressive programming demanding situations for each customer and group. Developers compete via way of means of looking to software in step with supplied specifications. HackerRank’s programming demanding situations may be solved in a lot of programming languages (consisting of Java, C++, PHP, Python, SQL, and JavaScript) and span more than one laptop technology domain.

HackerRank Founder & Team:

HackerRank turned into based as InterviewStreet Inc. via way of means of  NIT Trichy alumni Vivek Ravisankar and Hari Karunanidhi. HackerRank is a Y Combinator-sponsored organization and turned into the primary Indian organization prevalent in Y Combinator. They additionally participated in TechCrunch Disrupt in 2012, and presently have project capital backing from Khosla Ventures and Battery Ventures.

HackerRank History:

It turned into the monsoon of 2009; they’d finished their commencement from the National Institute of Technology, Tiruchirapalli, and had simply commenced operating with Amazon and IBM respectively.  But matters didn’t appear proper or ideal to them and the concept of easing the recruitment system of programmers stored coming returned to them.

They subsequently determined to cease their jobs and commenced operating at the concept. They joined batch three of “The Morpheus” – a Chandigarh-primarily based totally seed fund & start-up accelerator after which, they locked themselves up in a room for 10 days till they released InterviewStreet in December 2010.

As lots as all this turned into motivating for them however after months of tough paintings additionally there has been now no longer sufficient traction. This led them to move on searching for extra information and to their wonder, they controlled turned out to be the primary Indian organization to enroll in the “YCombinator”, which turned into via way of means some distance the exceptional area for any start-as much as nurture in.

They commenced this system in June 2011 however the complete system wasn’t as easy and clean as it sounded though! During the duration after they attempted for YCombinator, they determined that there has been some other applicants additionally who had a concept very much like theirs however as they’d customers and sales to show their really well worth, they controlled to crack the interview and as a consequence gave upward thrust to a brand new a hit journey.

Soon when they acquired their first ever finances of USD 150,000 from YCombinator (they presented that infusion to each start-up related to them, which was later used to get transformed into fairness after the primary spherical of investment), they advanced their product and were given returned withinside the market.

In only a count of 8 months, they controlled to bag massive customers like Flipkart, Facebook, Cleartrip, BankBazaar, etc., and so on.  The complete concept of InterviewStreet turned into simplifying the hiring system of Programmers for IT organizations. To reduce it short, it turned into an area in which programmers got here, solved exciting demanding situations, and additionally were given delivered to tech organizations. InterviewStreet charged organizations USD three,000-five to,000, primarily based totally at the wide variety of recruiters who used the platform.

The proper information got here whilst the organization broke even and commenced making an income via way of means of the give up of the yr 2011. As lots as thrilling, this information turned into, what got here subsequently modified the face of their business. In the month of March 2012, they have been employed via way of means of American authorities to expand an era platform on which to construct the equipment that might sell a vital intention for President Obama and inside no time did they correctly advance the platform for them.

This turned into the remaining improvement for the organization and actually gave the start-up miles deserved and favored international popularity. During this time the organization additionally acquired their first ever VC investment really well worth USD three Million from Khosla Ventures – mentioned via way of means of Forbes.

Along with this large information got here some other large assertions that they’d now released HackerRank in July 2012. HackerRank turned into a loose-to-use platform for programmers to check and hone the coding competencies on loads of laptop technology demanding situations throughout the area although; it did rate the organizations to lease a programmer via the platform.

And inside a blink of an eye fixed in 2013, the Bangalore– and California-primarily based totally Interview Street & HackerRank, Inc. reached 1,000+ paying clients with a 70% retention ratio & a network of 150,000+ programmers respectively. They now had 95% in their patron base simply from the software program product enterprise with extra than five,000 customers throughout America, Russia, Australia, Germany, and China. They have been now in direct opposition with the biggies like UK-primarily based totally Codelity and US-primarily based totally HireVue.

HackerRank Name & Logo:

HackerRank Revenue:

With the start of the brand new yr, In January 2014 they determined and additionally declared that they will be combining the 2 manufacturers HackerRank (coding demanding situations) and InterviewStreet (hiring solution), and rebranding it to HackerRankX with thrilling new upgrades which include the usage of the InterviewStreet platform to assist the customer’s display screen applicants and behavior telecellsmartphone interviews with analytics and insights on the pinnacle of it, etc.

With this large merger, additionally, they required equal finances to hold their solid boom and development. They then withinside the mid of 2014, raised sizeable finances really well worth USD 9.2-Million from Khosla Ventures & Battery Ventures at the side of participation from man or woman buyers like Peeyush Ranjan, VP (engineering-Motorola Mobility) at Google; Greg Badros, former senior director (engineering) at Google and previous VP (engineering & products) at Facebook; and Dan Rubinstein, director (product management) at Facebook. And considering then, they had been developing at an unstoppable pace.

Currently, the sales of the organization are doubling in each area and they have grown via way of means of 11x considering ultimate yr, following this is the boom of the hackers at the network and extra than 50,000 hackers being introduced every month into the site. It has a number of the maximum distinguished organizations like Amazon, Facebook, Twitter, Quora, Flipkart, Evernote, Bloomberg, and Adobe, etc. as their customers. It holds a Global & Indian Alexa rating of 17,422 and 1,434 respectively.

HackerRank Funding & Investors:

HackerRank has 15 buyers consisting of Recruit Holdings and Susquehanna Growth Equity. HackerRank has raised a complete of $102.9M in investment over five rounds. Their state-of-the-art investment turned into raised on Mar 29, 2022, from a Series D spherical. HackerRank has a post-cash valuation withinside the variety of $500M to $1B as of Mar 29, 2022, in step with PrivCo. Sign up for a loose trial to view precise valuations and seek organizations with comparable valuations. HackerRank has received Mimir on Dec 17, 2019.

HackerRank Success:

The maximum hit groups are the ones, which might be geared toward fixing the ache factors of a selected style or area or for that count in general. Zomato.com, flipkart.com, commonfloor.com, etc. are a number of amazing examples of groups that commenced with a concept to solve an ache-factor and ended up being a hit in their personal fields.

Such is the tale of a start-up that took subjects of their personal palms to restore an ongoing hole withinside the tech enterprise and ended up a growing program for American authorities and the who’s-who of the IT enterprise.

As precise as their tale is, it commenced off as a trifling germ named “IDEA” withinside the heads of its founders; Harishankaran Karunanidhi & Vivek Ravisankar.

Other Services Offered thru HackerRank:

Data Driven:

• HackerRank isn’t afraid to undertake the status-quo
• HackerRank debate respectfully and insightfully as frequently as HackerRank can
• HackerRank by no means prevents learning
• Extreme Ownership
• HackerRank performs in a ‘no excuse’ zone
• HackerRank is relentlessly resourceful

Customer Delight:

• HackerRank is enthusiastic about consumer happiness
• HackerRank sHackerRankat the info in each interaction
• HackerRank optimizes for speed

Giver:

• HackerRank is direct, however now no longer mean
• HackerRank make time to assist others to obtain their goals
• HackerRank is searching to recognize

HackerRank Working:

inheritor enterprise-aspect product, HackerRank for Work, is a subscription carrier that pursuits to assist organizations supply, display screen, and lease engineers and different technical roles. The HackerRank for Work platform offers groups the choice to leverage an integrated library of programming demanding situations or write their personal as a way to tailor that programming undertaking at once to an organization’s open position.

Technical recruiters then use the ones programming demanding situations to check applicants on their unique programming competencies and respectively recognize their qualifications for a positive role. Candidates’downloading situations, as soon as submitted, are auto-scored and the effects are then supplied to the technical recruiter for review.

Companies that include Amplify, Quora, and Capital One are the usage of HackerRank for Work in their technical recruiting screening processes. In addition to screening, HackerRank additionally hosts programming hackathons, known as CodeSprints, as a manner for organizations to supply technical applicants. Companies that’ve hosted or subsidized those CodeSprints consist of Addepar, Yahoo!, Quora, and Amazon.

HackerRank Competitors:

Top 10 Alternatives to HackerRank Developer Skills Platform:

• CodeSignal.
• TestGorilla.
• Codility.
• iMocha.
• HireVue.
• Coderbyte for Employers.
• CodinGame For Work.
• TestDome.

HackerRank Latest News:

• HackerRank Unveils New Ability to Assess DevOps Skills in Interviews. By James Voytek.
• HackerRank’s Front-End IDE Enhancements Enable Companies to Deliver Exceptional Technical Interviews. By James Voytek.
• HackerRank Partners with Oracle Recruiting.

HackerRank Future Plans:

They are going to collaborate with extraordinary massive organizations to attain out extra.

FAQs about HackerRank:

Is HackerRank Indian?

HackerRank is a Y Combinator-sponsored organization and turned into the primary Indian organization prevalent in Y Combinator.

Can we earn cash from HackerRank?

Yes! There are some options: Compete. We run ordinary hackathons with coin prizes.

Is the HackerRank certificate really well worth it?

HackerRank certifications also are a superb manner to put together for technical interviews. Each talent certification checks for applicable key abilities that employers assume from pinnacle applicants. Completing applicable certifications is a clean manner to do a competencies test earlier than interviewing.

Why is HackerRank slow?

Every code run in HackerRank has a time limit, primarily based totally on the language you’re writing your code in. https://www.hackerrank.com/surroundings web page has the cut-off dates for all languages we support.

How HackerRank clear up to take a look at instances?

While developing a brand new Coding query or enhancing a current one, click on the “Add take a look at the case” button at the Test Cases step. 2. In the Add Test Case window, outline the take a look at case’s name, difficulty, score, enter values, and the anticipated output values.

Which one is higher HackerRank or Leetcode?

The general of questions in Leetcode is lots above that of HackerRank. The Leetcode has a large wide variety of taking a look at instances and questions from interviews too like Google, Amazon etc. HackerRank is most effective for beginners. But in case you turn out to be good enough with coding then clear up questions of Leetcode in place of Hackerrank.

Does HackerRank monitor your screen?

Overview. Your Recruiter may enforce proctoring for your HackerRank Test. During the Test, proctoring allows your Recruiter to monitor your focus on the Test screen and detect any malpractices. To access a proctored test, your PC must have a fully functional webcam.

What can I expect from the HackerRank test?

HackerRank tests are conducted by your hiring company for specific coding and technical skills assessment of candidates. These assessments primarily include coding questions of varying complexity in different programming languages and diverse frameworks.

Is HackerRank test easy?

It’s hard and it requires particular skills but it is definitely worthwhile. It is the only effective solution against Google, if done carefully. (It’s actually surprisingly difficult to make exercises that are both simple AND not easily found with Google on 1000 tutorials and coding forums).

Conclusion:

In December 2019, HackerRank received Mimir, a cloud-primarily based totally carrier that gives equipment for coaching laptop technology courses. Mimir is utilized by Google and a few universities consisting of Michigan State, UCLA, Oregon State, and Purdue. Mimir is HackerRank’s first acquisition.