Contentful receives 175 million US dollars
The platform start-up is now worth three billion euros - making it the next German unicorn.
Contentful has completed its Series F financing round in the amount of 175 million US dollars. The valuation is three billion euros. The round was led by Tiger Global, a private equity firm from New York. VC Base10's Advancement Initiative from San Francisco and Tidemark are also participating.
Contentful from Berlin is a provider of a content platform that manages content as an interface for websites, apps and devices. Customers include Vodafone, Roche and Chanel. The start-up intends to invest the money in its global marketing and sales, as well as expanding the platform and developing a new generation of products. "We believe Contentful is in the right position to become the platform of choice for brands that want to deliver the exact experiences across all their channels that their customers want and expect," says John Curtius, Partner at VC Tiger Global.
Two new members have also been appointed to the start-up's board. Elena Donio is the former CEO of Axiom and former President of SAP, Fred Ball joins the Contentful board after serving as CFO at various companies including Marketo, Webroot Software, BigBand Networks and Borland Software.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectFYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
