Wizeline, a San Francisco, CA-based outsourced product development and technology company, closed a $43M Series B funding.
The round was led by the Apax Digital Fund, a growth equity fund advised by global private equity advisory firm Apax Partners. In conjunction with the funding, Marcelo Gigliani, Managing Partner of Apax Digital, and Bryan Gartner, Principal at Apax Digital, will be joining Wizeline’s Board of Directors.
The company intends to use the funds to accelerate growth through the scaling of development teams, sales & marketing functions, international expansion, and M&A.
Founded in 2014 by Bismarck Lepe, CEO, Wizeline builds technology platforms and offers software consulting services to provide technology solutions to its customers via a global network of over 5000 developers and non-technical talent.
The company has nearly 500 employees in San Francisco, in Guadalajara and Mexico City, Mexico, as well as in Ho Chi Minh City, Vietnam.