Issuu Raises $31M from Capital IP

Issuu, a Palo Alto, Calif.-based digital content publishing global leader, today announced the company has secured a $31M round of financing from Capital IP.

This new round is the first for Issuu since July 2014, when they raised $10m from Heartcore Capital and Japanese Telco, KDDI.

The company will use the capital to scale teams across the company, invest in new product expansion, and compound accelerating growth.

Founded in 2006 and led by Joe Hyrkin, chief executive officer, Issuu is a SaaS content publishing and marketing platform. Its story cloud empowers content creators to transform designs from static files into marketing assets for every distribution channel – including flipbooks to embed in websites and blogs, mobile-optimized articles, motion-graphic stories for social media, GIFs for email, and more. With over 30 million publications hosted and 4+ billion monthly page views, Issuu also has offices in Copenhagen, Berlin, and Braga, Portugal.

FinSMEs

29/09/2021