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Home COUNTRY DACH

Austrian startup Storyblok raises €73.6 million Series C to bring intelligent content management to the enterprise

EU Startupsby EU Startups
June 4, 2024
Reading Time: 2 mins read
in DACH, VENTURE CAPITAL
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Linz-based Storyblok, a modern content management system (CMS) for all teams, announced the close of its €73.6 million Series C financing, bringing the total amount raised to $138 million. Brighton Park Capital led the round, with participation from existing investors HV Capital, Mubadala Capital, 3VC, and firstminute capital.

The new funding will further accelerate Storyblok’s growth in the US and Europe, enabling the company to fulfill its vision of building the first end-to-end content platform, powered by AI and automation.

Consistent with that vision, the company also announced today the public beta of the Ideation Room. This new capability provides teams a centralized and collaborative space within Storyblok where they can develop new ideas together at the beginning of the creation process, using AI to help improve content and bring it to life.

200,000+ developers and marketers from leading brands such as Adidas, T-Mobile, Renault, and Oatly use Storyblok to consolidate content and create better digital experiences across all channels. Storyblok’s fully-remote team includes 240 people across 45 countries.

“With a highly differentiated, easy-to-use platform, Storyblok is a leader in the CMS space, helping both marketers and developers to create content experiences across multiple channels quickly and efficiently,” said Kevin Magan, Partner at Brighton Park Capital. “We are proud to be Storyblok’s first US investor as the company continues its rapid expansion in the region. Dominik and the Storyblok team have created tremendous momentum in a short period of time, and we’re excited to support their continued growth.”

Dominik Angerer, CEO and Co-Founder of Storyblok, added: “Consumers expect great and consistent content experiences wherever they are. But businesses are having a hard time keeping up. In fact, our research found that 48% of businesses are embarrassed by their website. Storyblok already helps thousands of teams to develop and deliver the modern content experiences people love, while also providing best-in-class ROI. With this new funding, we will invest in building AI and automation tools to help teams get value from their content even faster throughout the entire content lifecycle.”

Read the orginal article: https://www.eu-startups.com/2024/06/austrian-startup-storyblok-raises-e73-6-million-series-c-to-bring-intelligent-content-management-to-the-enterprise/

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