Contentstack raises $31.5M Series A round for its headless CMS platform

INSUBCONTINENT EXCLUSIVE:
Contentstack, a startup that offers a headless CMS platform for enterprises, today announced that it has raised a $31.5 million Series A
round led by Insight Partners
Existing investors Illuminate Ventures and GingerBread Capital also participated in this round.The company says that it saw its revenue grow
by 4x in the first half of 2019 compared to the same time period last year
notoriously long and the company does have a number of marquee customers like Shell, Walmart and Cisco.The Contentstack founding team,
Neha Sampat, Nishant Patel and Matthew Baier, recently sold Built.io to Software AG
But now, with the emergence of extensible content experience platforms, companies can actually get to market faster using this approach,
industries, but retail, travel/hospitality, sports/entertainment and tech are doing especially well.Like most companies at the Series A
stage, Contentstack says it will use the new funding to scale its sales and marketing team and build out its partner ecosystem and community
around the product
Sampat also tells me that the company plans to expand beyond its core regions of the United States , India and Europe by moving into the
APAC region in the first half of 2020, mostly with a focus on Australia and New Zealand.