Contentful, a Berlin, Germany-based content platform for digital-first business, closed a $175m Series F funding round, with a valuation of over $3 billion.
Tiger Global led the round with Base10 Advancement Initiative and Tidemark also joining existing investors.
The company intends to use the funds to expand its global presence in marketing and sales as well as continue in its investment in building out its content platform, ecosystem and products.
Born in Berlin with hubs in San Francisco and Denver, and led by Steve Sloan, CEO, Contentful provides thousands of companies with a platform to create and deliver digital experiences across websites, mobile apps, digital displays and other connected devices. It integrates with hundreds of other tools through open APIs. Companies such as Shopify, Staples, Atlassian, Electronic Arts, Chanel, Roche, Vodafone and many others currently use the platform.
As a part of its growth, Contentful also announced the appointment of two new independent board members, Elena Donio and Fred Ball.
Donio is the former CEO of Axiom and former President of SAP Concur. She spent over eighteen years at Concur in a variety of leadership roles across product, sales and marketing. She also currently serves on the board of directors at Twilio and Databricks.
Ball joins the Contentful board having served as the CFO at several companies including Marketo, Webroot Software, BigBand Networks and Borland Software. He is currently on the board of Advanced Energy and FirstMark Acquisition Corporation and previously served on the board of directors at SendGrid.
FinSMEs
28/07/2021