In 2020, HackerRank raised $60 million in funding, led by Susquehanna Growth Equity, bringing their total funding to over $115 million.

Central and Eastern Europe (CEE) has been experiencing a significant transformation in the tech landscape, with an inflow of multinational companies and innovative startups establishing their presence in the region. And notably — the CEE tech talent emerges as one of the driving forces behind this growth.With over 2.3 million ICT specialists in the CEE region, the sector represents nearly 3% of the workforce. Poland — the region’s most populous and developed ecosystem — represents almost a quarter of that workforce, employing over 500,000 people in the ICT industry.Over the past two decades, CEE has started to gain global attention, attracting many multinational corporations, including Amazon, IBM, Oracle, SAP, Microsoft, Cisco, Google, and Intel, with more seeking to open offices there, including Open AI’s interest to open European headquarters in Poland.“I don’t know what Poland does as a culture and a system to create such incredible engineering and research talent and also such rigor, which has been, I think, very important to OpenAI’s success, but it’s quite remarkable the impact that it’s had,” stated the CEO of OpenAI, Sam Altman, during a visit in Poland earlier this year.In this article, The Recursive explores why the CEE region is becoming an attractive destination for companies to base their development teams, capitalizing on the region’s combination of innovation hub, emerging tech ecosystem, and dynamic startup scene.4 Reasons CEE tech talent attracts businesses — from startups to global giants1. Thriving tech ecosystem and strategic locationAt the heart of the CEE region lies a thriving tech ecosystem. As the region evolves into an innovation hub that fosters knowledge sharing, industry collaboration, and global partnerships, it provides an ideal base for both international and local companies.According to the Central and Eastern European Startups 2022 report, the region is among Europe’s most efficient value creators (jobs created per Euro of venture capital invested). It is also one of the fastest-growing regions for VC funding, growing 7.6x since 2017.Located at the crossroads of Europe, the CEE region also offers a strategic geographic advantage

Now that HackerRank has introduced C++, let’s delve into its defining characteristics.