Storyblok secures 80 million US dollars in Series C financing round
Marc Nemitz | 04.06.2024With the new funding, Storyblok plans to further advance its vision of an end-to-end content platform that relies heavily on artificial intelligence and automation. The beta version of the Ideation Room has also been released
Linz, Austria, June 04, 2024 - Content management system Storyblok has successfully closed a Series C funding round and secured 80 million US dollars. The round was led by Brighton Park Capital. Other investors such as HV Capital, Mubadala Capital, 3VC and firstminute capital also participated. This financing round brings Storyblok's total funding to 138 million US dollars.
Storyblok business model
Storyblok is used by over 200,000 developers and marketers worldwide, including well-known companies such as Adidas, T-Mobile, Renault and Oatly. The platform helps them to bundle content and create better digital experiences across different channels. The Storyblok team works completely remotely and comprises 240 employees in 45 countries.
Storyblok is a leading company in the CMS market. The platform helps marketers and developers create content experiences quickly and efficiently across multiple channels.
Kevin Magan, Partner at Brighton Park Capital
Storyblok plans to use the new capital to further drive its growth in the USA and Europe. In addition, the company's vision of developing an end-to-end platform for content will be realized. This platform will rely heavily on artificial intelligence (AI) and automation.
New beta presented
In parallel with the financing round, Storyblok has launched the public beta version of the Ideation Room. This new area within Storyblok offers teams a central and collaborative space to develop new ideas for the content creation process. With the help of AI, content can be optimized and brought to life.
Since our first investment in the Series A funding round, Storyblok has grown remarkably. This reflects the unique value of the product.
Ibrahim Ajami, Head of Ventures at Mubadala Capital
Storyblok plans to continue investing in the development of its platform to help companies manage their content more efficiently and effectively. The company aims to further strengthen its position as a leading CMS and expand its reach internationally.
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