The composable revolution is upon us – and Contentstack is establishing its position as a frontline innovator.
Last week, the Content Experience Platform (CXP) category leader and composable architecture pioneer announced $80 million in Series C funding. Georgian and Insight Partners co-led the round with participation from Illuminate Ventures. Georgian’s Lead Investor Emily Walsh will join the Contentstack board along with Contentstack CFO David Overmyer.
“We look for high-growth companies with great leadership and a strong work culture," said Walsh. "We also love to help disruptors do what they do best. For all these reasons, we chose to double down on our investment. Contentstack’s ability to ensure customers are successful while also innovating at record speeds positions them as the leader in the CMS market. We are proud to co-lead this round and provide the Company with the support required for true category leadership.”
All three companies continue to grow their investment with Contentstack, contributing to a whopping $169 million raised thus far.
Powering the composable future with headless CMS
According to Contentstack, the company will use the infusion to support enterprise companies on their path to composable, helping them meet consumer demand for omnichannel and personalized experiences.
As the only headless CMS offering a solution to “integration hell” with Automation Hub, Contentstack delivers a viable path to composable for enterprises. By automating and streamlining hundreds of activities across technologies and vendors in real-time, enterprises can now more aggressively retire costly legacy content management systems (CMS). This also allows them to unlock digital experience innovation more broadly and realize a significantly greater return on investment (ROI).
"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 CEO. "Embracing composable means embracing change, empowering teams, getting more bang for your buck, and continuing to win in a tough economic environment. With the best composable content platform and the industry's best customer care, Contentstack is determined to help companies on their path. 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.”
The Company’s flagship Care Without Compromise program ensures cross-vendor support in composable environments. With Automation Hub and Care Without Compromise, Contentstack is again at the forefront of the composable movement, which strives to set customers up for success in today’s rapidly changing business and technology landscape.
Reinforcing its commitment to composable, Contentstack is also a founding member of the MACH Alliance. Now with over 70 members, the independent non-profit organization helps enterprises understand, select, and evolve with best-of-breed technologies – so they can leave slow and expensive “monoliths” behind.
A growth streak built on composable
Since Contentstack’s Series B in June of 2021, it has seen explosive growth as more enterprises have adopted composable architectures at the center of their digital strategies. The company has grown to more than 400 employees and is approaching over 50,000 users in over 70 global markets. In the same timeframe, Contentstack also delivered a cloud-agnostic solution supporting both AWS and Microsoft Azure in the US and Europe.
Contentstack has also doubled the number of customers they serve and nearly tripled ARR, all while maintaining a 97% customer retention rate. Additionally, Contentstack has scaled its book of business with some of the world's largest brands. According to its press release, 42% of its new customers claim revenues greater than $1B, and 35% of them are publicly traded.
Contentstack also won six 2022 Comparably "Best Places to Work" Awards and was honored as an Inc. "Best Workplaces" in 2021. Austin Business Journal also named Neha Sampat one of Austin’s Best CEOs in 2022.
Contentstack – the Content Experience Platform (CXP) category leader – empowers marketers and developers to deliver composable digital experiences at the speed of their imagination. Companies such as ASICS, Chase, Express, Holiday Inn, Icelandair, Mattel, McDonald's, Mitsubishi, Riot Games, and Shell trust Contentstack to power their most critical content experiences with uncompromising scale and dependability. Famous for its Care without Compromise™, Contentstack has achieved the industry's highest customer satisfaction rating. Contentstack is also a founder of the MACH Alliance, setting the industry agenda for open and composable technology that is Microservices-based, API-first, Cloud-native SaaS, and Headless. Learn more at http://www.contentstack.com.