Contentstack bags $57.5m in oversubscribed Series B round

Headless content management system venture Contentstack has raised $57.5 million in Series B financing.

The round was led by Insight Partners, who also headed up the company’s Series A round.

Existing investors Illuminate Ventures and GingerBread Capital also participated, as did newbie Georgian.

This brings Contentstack’s total amount raised to $90 million.

It plans to use the new capital to fuel international growth, expand its ecosystem of channel and technology partners and accelerate new technology innovation that has been incubating in its labs.

Oversubscribed and overjoyed. We’re excited to announce a $57.5 million series B financing! Thanks @insightpartners, @IlluminateFM, @GingerBreadCap
and new investor, Georgian Partners.https://t.co/9OiKXl5zBF
— Contentstack (@Contentstack) June 9, 2021

Neha Sampat, Founder and CEO, Contentstack, says: “In the last year, we have helped leading companies in industries such as retail, financial services, gaming and travel to create personalised experiences for their customers in order to drive revenue, improve customer satisfaction and build customer loyalty.”

“This round of financing demonstrates that our strategy is paying off, including our core beliefs around equality, customer care and product innovation.”

“During a remarkably challenging year, our team delivered impressive results and we are excited to continue this growth trajectory by delivering the best agile CMS platform for a digital first world.”