In the current online world when everything is becoming highly complex, brands are continuing to evolve their online presence. They do so by providing cutting-edge user experiences and capturing a major share of web traffic.
London-based DeepCrawl is one of the world’s leading cloud-based technical SEO platform. Founded in 2010 by Michal Magdziarz, Chris Evans and Matt Jones, the company has developed a robust web crawler, which empowers marketers and SEO experts by providing them with actionable data-based insights that will diagnose and fix technical issues, improve website visibility, and win more organic traffic as well as revenue.
Secures €16.7M funding
Now, DeepCrawl has announced that it has secured €16.7 million Series B funding in an investment round led by Five Elms Capital and Beringea. The company has announced that it will use the newly raised funds for its R&D efforts and invest in establishing its commercial presence in the US. As of now, DeepCrawl has raised $25.8 million (nearly €23 million) via angel investments from Beaumont Capital and Series A funding led by Beringea.
“We’re excited to raise this round of funding in the US as 60% of our revenue comes from this region,” said Michal Magdziarz, CEO of DeepCrawl. “With increased user-generated content, websites are more dynamic than ever before and it takes just one incorrect code input to see declined organic traffic. This funding round will help us to continue expanding our solution offerings by focusing on integration as we streamline SEO management for brands.”