TopCoder

Topcoder (formerly TopCoder) is a crowdsourcing company with an open global community of designers, developers, data scientists, and competitive programmers. Topcoder pays community members for their work on the projects and sells community services to corporate, mid-size, and small-business clients. Topcoder also organizes the annual Topcoder Open tournament and a series of smaller regional events.

==History== Topcoder was founded in 2001 by Jack Hughes, chairman and Founder of the Tallan company. The name was formerly spelt as "TopCoder" until 2013. Topcoder ran regular competitive programming challenges, known as Single Round Matches or "SRMs," where each SRM was a timed 1.5-hour algorithm competition and contestants would compete against each other to solve the same set of problems. The contestants were students from different secondary schools or universities. Cash prizes ranging from $5,000 to $10,000 per match were secured from corporate sponsors and awarded to tournament winners to generate interest from the student community.