Home Breaking News Austria based startup Storyblok secures USD 8.5 Million

Austria based startup Storyblok secures USD 8.5 Million

Austria based Headless CMS Storyblok raised USD 8.5 million on 4th of february, 2021, in a funding round led by Mubadala Capital. The company has acquired a total of USD 11 million capital till date. 

Investors: The capitalization of USD 8.5 million was acquired in the series A funding round led by Mubadala Capital along with the participation of previous investors like 3VC and First minute Capital. 

What the funding is for: The fresh funding would be utilized for developing their ecosystem and the client user interface. According to sources the organization is also planning to expand their reach all over the world. 

Legal name of company: Storyblok GmbH

Also known as: Storyblok

Founded date: September 2017

Founders of the company: Dominic Angerer and Alexander Fieglstorfer

About the company: Storyblok is a privately held organization which functions under the information technology and services industry. Its headquarters is established in Linz, Oberosterreich and they have a work strength of around 11-50 employees. They deal with various specialties content management systems, headless ecommerce and SaaS. Storyblok is basically a headless CMS which offers developers all the flexibility and support they require to develop reliable and quick websites whilst providing content creators with no coding skills. 

What the CEO has to say:” A lot of headless CMS platforms are easily integrated into legacy systems but when it comes to actually using them on a daily basis marketers or other editors find it really difficult to use. In practice, they end up having to go back to their IT or developer teams to sort out problems or make major changes which ends up wasting the time and money that headless CMS’s purport to save”. Said Dominic Angerer, Co-founder of Storyblok. 

“The marketing world is in a state of transition. Fragmented channels and rapidly changing consumer behavior as a result of their coronavirus pandemic have made it much more challenging to efficiently and quickly keep brand messaging consistent across multiple platforms. Storyblok’s solution marries the needs of both developers and editors, which has given us a unique position in the market and resulted in rapid growth”. Said Alexander Fieglstorfer, Co-founder of Storyblok. 

What the investors have to say: “In a vast but relatively homogenous market, Storyblok has impressed us with a truly differentiated product which resonates with small and large enterprises. The organic traction is proof of the love from both marketers and developers”. Said Fatou Bintou Sagnang, Director at Mubadala Capital. 

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