Mumbai, Virar, Maharashtra, India:
Contentstack, the Content Experience Platform (CXP) class chief and composable structure pioneer, immediately introduced $80 million in Series C funding. Georgian and Insight Partners co-led the spherical with participation from Illuminate Ventures. All three corporations proceed to develop their funding with Contentstack, contributing to a $169 million complete raised so far. The Company will use the funds to proceed supporting enterprise corporations on their path to composable, empowering them to meet shopper demand for omnichannel and personalised experiences.
Georgian’s Lead Investor Emily Walsh will be a part of the Contentstack board together with Contentstack CFO David Overmyer.
“We look for high-growth companies with great leadership and a strong work culture. We also love to help disruptors do what they do best,” mentioned Walsh. “For all these reasons, we chose to double down on our investment. Contentstack’s ability to ensure customers are successful while also innovating at record speeds positions them as the leader in the CMS market. We are proud to co-lead this round and provide the Company with the support required for true category leadership.”
Contentstack is the largest homegrown Indian CMS representing world manufacturers like Chase, Holiday Inn, Levi’s, Mattel, McDonald’s, Mitsubishi, and Shell. The Company may also use the funds to proceed to develop and recruit in Hyderabad, Bengaluru, Pune and Virar-Mumbai.
“We are tremendous excited to be amongst the quickest rising SaaS corporations in India,” mentioned Nishant Patel, Contentstack’s co-founder and CTO. “Contentstack was incubated in India-based Raw Engineering before it was spun out to take on a more global presence in 2018. Our mission is to help support and drive massive growth in the Indian startup ecosystem. Recently sponsoring the NASSCOM Product Conclave helped energize that mission; you can expect more of that to come.”
As the solely headless CMS providing an answer to “integration hell” with Automation Hub, Contentstack delivers a viable path to composable for enterprises. By automating and streamlining a whole lot of actions throughout applied sciences and distributors in real-time, enterprises can now extra aggressively retire pricey legacy content material administration techniques (CMS). This additionally permits them to unlock digital expertise innovation extra broadly andrealize a considerably higher return-on-investment.
The Company’s flagship Care Without CompromiseTM program ensures cross-vendor assist in composable environments. With Automation Hub and Care Without Compromise, Contentstack is once more at the forefront of the composable motion, which strives to set prospects up for success in immediately’s quickly altering business and expertise panorama.
Since Contentstack’s Series B in June 2021, its experience has led to progress in measurement and scale of use instances as extra enterprises have adopted composable structure at the heart of their digital methods. The Company:
- Grew to greater than 400 workers and approaching 50K+ customers in 70+ world markets
- Doubled the variety of prospects served and almost tripled ARR, whereas sustaining a 97% buyer retention fee
- Scaled with the largest world manufacturers – 42% with higher than $1B in income, 35% of them are publicly traded
- Delivered a cloud-agnostic answer supporting each AWS and Microsoft Azure in the US and Europe
Contentstack is also an authorized Great Place to Work in India (September 2021-2023), gained six 2022 Comparably Best Places to Work Awards, and was honored as an Inc. Best Workplaces in 2021. Austin Business Journal named CEO Neha Sampat certainly one of Austin’s Best CEOs in 2022.
About Contentstack
Contentstack™ – the Content Experience Platform (CXP) class chief – empowers entrepreneurs and builders to ship composable digital experiences at the velocity of their creativeness. Companies equivalent to ASICS, Chase, Express, Holiday Inn, Icelandair, Mattel, McDonald’s, Mitsubishi, Riot Games and Shell belief Contentstack to energy their most crucial content material experiences with uncompromising scale and dependability. Famous for its Care with out Compromise™, Contentstack has achieved the trade’s highest buyer satisfaction ranking. Contentstack can be a founding father of the MACH Alliance, setting the trade agenda for open and composable expertise that’s Microservices-based, API-first, Cloud-native SaaS, and Headless. Learn extra at http://www.contentstack.com.
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