Contentstack announces major funding round
DXP startup Contentstack has closed a $31.5 million Series A funding round led by Insight Partners with participation from existing backers Illuminate Ventures and GingerBread Capital.
Teddie Wardi, Managing Director at Insight, will join the venture’s board of managers. The cash will be used to scale sales and marketing to reach more industries and geographies, as well as to build out the partner ecosystem and the larger community around the venture.
“We were immediately impressed by Contentstack – the platform has received many industry accolades and remains beloved by well-known brands looking to create a more personalised customer experience,” says Wardi.
“Given the success of the product and the company’s seasoned and proven leadership team, we believe that Contentstack is poised to take advantage of the explosive growth that the DXP industry is experiencing. We look forward to working closely with the team to continue to scale the company and to further the rapid adoption of its platform globally.”
