Contentstack, a startup that offers a headless content management system (or a “content experience platform” in marketing language), today announced that it has raised $ 57.5 million from Series B The round, which the company said was oversubscribed, was led by Insight Partners, who also led its Series A round. New Georgian investor and existing investors Illuminate Ventures and GingerBread Capital also participated. With this, the company has now raised a total of $ 89 million.
“Over the past year, we’ve helped leading companies in industries such as retail, financial services, gaming and travel create personalized experiences for their customers to generate revenue, ‘Improve customer satisfaction and build customer loyalty,’ said Neha Sampat, Founder. and CEO of Stack of content. “This round of funding demonstrates that our strategy is paying off, including our core beliefs in equality, customer service and product innovation. During a remarkably difficult year, our team achieved impressive results and we are excited to continue this growth trajectory by delivering the best agile CMS platform for a digital world.
The company says it has seen its customer base grow by more than 150% since its $ 31.5 million Series A cycle closed in October 2019. New customers include Broadcom, Chico’s FAS, HP, La Perla, Leesa Sleep , McDonald’s and NBC.
Over the past few months, Contentstack has launched a new user interface for these customers and the company says Georgian’s focus on AI and machine learning will also allow it to bring more of these modern technologies to its platform. -form.
“We are great believers Content stack and the leadership team, especially after our conversations with global brands revealed just how Content stack is to these organizations and how popular the product is among business and technical users, ”said Emily Walsh, Principal Investor at Georgian. “Now, with access to our technology platform, Contenstack can not only gain operational efficiency, but also boost the innovation, experience and support it offers to its customers and partners. We are happy to help Content stack customers are leveraging AI to gain business benefits through new knowledge and automation. “
The company plans to use the new funding to accelerate its investments in this technology, fuel its international growth and expand its ecosystem of partners.