Storyblok secures $80M for its CMS software

Clients such as Oatly and Adidas propelled the SaaS company toward its valuation.
Storyblok secures $80M for its CMS software

CMS provider Storyblok has closed its $80M Series C round, bringing the total amount raised to $138 million. 

Storyblok’s ‘headless’ content management system is a back end-only web content management system that acts primarily as a content repository.

The new funding will further accelerate Storyblok’s growth in the US and Europe, enabling the company to fulfill its vision of building the first end-to-end content platform. The platform has signed on brands such as Adidas, T-Mobile, Renault and Oatly as customers and it is used across 130 countries.

The company often uses Oatly as case study; according to Oatly, its team were able to create sixteen global websites in two months using Storyblok’s CMS after ‘outgrowing’ alternatives such as Wordpress.

Brighton Park Capital led the round, with participation from existing investors HV Capital, Mubadala Capital, 3VC, and firstminute capital.

“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,” said Kevin Magan, Partner at Brighton Park Capital. “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.”

Ibrahim Ajami, Head of Ventures at Mubadala Capital, added: “We've been strong supporters of Storyblok since day one, and the speed at which the company has continued to scale since our Series A investment has been remarkable. Storyblok's growth highlights the unique value of their product, and the continued backing from both developers and marketers underscores its quality. We are delighted to continue our partnership with the Storyblok team.”

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