Medium wants to become large, raises $25M financing round

Medium, the online-content startup that wants to be part digital magazine and part one-size-fits-all publishing platform, has closed a financing round of $25 million, according to a report at Re/code. Investors in the company, which was founded by former Twitter CEO Evan Williams, include Google Ventures, Betaworks, Ron Conway and Chris Sacca. The report also notes that Williams’ co-founders at Medium — former Twitter colleagues Biz Stone and Josh Elman — have moved on from the company and are working on their own new ventures.