Storyblok funding news – Austrian-based Storyblok Secures €73.6 Million in Series C Round Funding
Jun 4, 2024 | By Team SR
Storyblok, a modern content management system (CMS) for all teams, based in Linz, raises $138 million in total after securing €73.6 million in series C round funding. With participation from current investors HV Capital, Mubadala Capital, 3VC, and firstminute capital, Brighton Park Capital led the round.
SUMMARY
- Storyblok, a modern content management system (CMS) for all teams, based in Linz, raises $138 million in funding
- A content management system (CMS) called Storyblok enables marketers and developers to produce better content experiences for any digital platform.
With the additional capital, it will be able to realise its goal of creating the first end-to-end content platform driven by automation and artificial intelligence (AI) and expand its presence in the US and Europe.
The business also unveiled the public beta of the Ideation Room today, in keeping with that goal. With the use of AI, teams can now work together to discover new ideas at the outset of the creation process, utilising it's centralised and collaborative platform. This allows material to be enhanced and brought to life.
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It is used by more than 200,000 developers and marketers from top companies like Adidas, T-Mobile, Renault, and Oatly to organise content and improve digital experiences across all platforms. The 240 members of it's entirely remote staff are located in 45 different countries.
Kevin Magan, Partner at Brighton Park Capital said, “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, 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.”
About Storyblok
A content management system (CMS) called Storyblok enables marketers and developers to produce better content experiences for any digital platform.
It is loved by over 200,000 developers and marketers, including top brands like Adidas, Tesla, Oatly, and more.