Content management system provider Contentstack Inc. today said that it raised $80 million in new funding to support enterprise companies in meeting their demands for customizable content delivery.
Canadian investment firm Georgian and Insight Partners co-led the Series C funding round with participation from Illuminate Ventures. This funding follows the company’s $57.5 million Series B in June 2021 and brings the total raised by the firm to $169 million.
The company’s CMS is used by businesses and brands to manage digital content using a back end that’s separate from what is called the “presentation layer,” with the goal of delivering digital experiences to customers. It does this by offering what is called a “headless CMS” platform, in which that separation of the backend from the frontend allows companies to deliver content including article content, image, videos, and more to any potential channel including mobile apps, social medial, WordPress blogs, storefronts and more.
“We started Contentstack years ago because other solutions in the market did not meet the growing demand for cloud, omnichannel, and ease of working with other technologies,” said Neha Sampat, Contentstack’s founder and chief executive. “Embracing composable means embracing change, empowering teams, getting more bang for your buck, and continuing to win in a tough economic environment.”
By using Contentstack’s platform, enterprise users can manage all of their content in one place, which streamlines workflow by separating the content itself from the channels that it will be distributed. As a result, all of the content is centralized in one place and then easily distributed to where it will then be displayed and formatted by templates for target customers by user interfaces specific to the applications that will use it.
Contentstack’s features include a no-code automation capability known as Automation Hub, that allows business users to quickly automate hundreds of different activities across technologies and events that can happen in real-time. It also provides ready support for numerous different environments, technologies and partners so that users can be sure that Contentstack will work with almost any vendor that they choose.
Users can also access blueprints for best practices and implantation guides to get started with content management and there is a fully stocked marketplace of backend applications and integrations for developers.
Since June, Contentstack has continued to grow, the company said. In that time the platform reached over 50,000 users in 70 global markets. The team expanded to over 400 employees. The company also doubled the number of customers served – which already include brands such as Shell, McDonald’s, Mattel, Riot Games, JPMorgan Chase and Riot Games.
Contentstack now delivers a cloud-agnostic solution that supports Amazon Web Services and Microsoft Azure in the U.S. and Europe.
The company competes with several other headless CMS providers in the market including modular headless CMS Kontent and open-source headless CMS Strapi, which raised $31 million in June. As well as the fully-agnostic composable data platform startup Directus, which started as a headless CMS, that raised $7 million earlier this month. Other competitors in the headless CMS market include Storyblok and Prismic.
“With the best composable content platform and the industry’s best customer care, Contentstack is determined to help companies on their path,” said Sampat. “For enterprises ready to challenge the status quo, Contentstack will not only be your ally every step of the way. We go beyond that – we won’t let you fail.”
Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger and many more luminaries and experts.