Friday, March 29, 2024

Storyblok Closes $47M Round for Headless CMS

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LINZ, Austria — The headless content management system (CMS) Storyblok raised $47 million in Series B financing.

The round was led by Mubadala Capital and HV Capital and joined by existing investors 3VC and firstminute capital, according to Storyblox this month.

Storyblox will use the funds to accelerate product innovation, growth into the U.S. and Europe, expansion in Asia Pacific, and growth of its partner and app ecosystem.

To date, Storyblok, founded in 2017, has raised $58 million in financing. It has around 150 employees, according to LinkedIn.

Storyblox’s headless CMS is intended to give developers and marketers the flexibility to deliver content on any digital platform, such as the web, mobile, the Internet of Things (IoT), and the metaverse. 

Storyblok is used by 74,000 developers and marketers, including brands such as Adidas, Renault, and Marc O’Polo.

“Changing the way content is managed and published online is an ambitious goal that requires the support of bold investors,” said Dominik Angerer, co-founder and CEO, Storyblok. 

The round’s investors “see the massive need and opportunity to make ‘publish once, deploy everywhere’ the new standard in enterprise content management,” Angerer said.

“We’ve been big believers in Storyblok from day one, and the speed at which the company has managed to scale since our Series A investment has been remarkable,” said Fatou Bintou Sagnang, partner, Mubadala Capital Ventures. 

Storyblox’s remote-first philosophy, along with its vision, gives it “tremendous advantages to scale their product globally at a rapid pace and quickly won our investment team over,” said Jannis Fett, investment manager, HV Capital.

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