Contentful receives $175 million
Tom Schmidtgen
| 29.07.2021
The platform start-up is now worth three billion euros - making it the next German Unicorn.
Contentful has closed its Series F financing round in the amount of 175 million US dollars. The valuation is three billion euros. The round is led by Tiger Global, a private equity firm from New York. Also participating are San Francisco VC Base10's Advancement Initiative and Tidemark.
Berlin-based Contentful 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 startup plans to put the money into its global marketing and sales, as well as expand the platform and develop a new generation of products. "We believe Contentful is in the right position to become the platform of choice for brands looking to deliver the exact experiences across all their channels that their customers want and expect," said John Curtius, partner at VC Tiger Global.
There are also two new appointments to the startup's board. Elena Donio is the former CEO of Axiom and former president of SAP, while Fred Ball joins the Contentful board after serving as CFO at several companies, including Marketo, Webroot Software, BigBand Networks and Borland Software.
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Startup
2014
Berlin
Contentful
API content management platform to create, manage and publish content on digital channels.
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