Contentful is a content platform for digital-first businesses that helps developers and builders create digital experiences across websites, mobile apps, and digital displays.
Contentful raises Series F round
Today, the company announced that it has raised $175M in its Series F round of funding, at a valuation of over $3B. The round was led by Tiger Global. In addition, existing investors, including Base10 Advancement Initiative and Tidemark, also invested in this round.
Last year, in June 2020, the company raised nearly €71.3M in its Series E round of funding led by Sapphire Ventures, along with participation from Salesforce Ventures, General Catalyst, and other new and existing investors.
Funds for expansion
The proceeds from this round will help Contentful to expand its global footprint in marketing and sales as well as continue investment in building out its content platform, ecosystem, and next generation of products.