For AI offensive

74 million euros for software company from Linz

They announced the successful financing round on a giant screen in New York: Alexander Feiglstorfer (l.) and Dominik Angerer, the founders of Storyblok.(Bild: Storyblok/Fotostudio Eder)

They have already won over customers such as Adidas, T-Mobile and Oatly - and want even more: Alexander Feiglstorfer and Dominik Angerer from Storyblok raised 80 million US dollars from investors in a financing round to take the next steps with the help of AI.

Peter-Behrens-Platz 2 in Linz: Storyblok is based in Upper Austria in the Tabakfabrik, which is now home to many start-ups. However, the company founded by Alexander Feiglstorfer and Dominik Angerer in 2017 has long since gone international: the 240 employees currently work in 45 countries.

Prominent customer base
The list of customers is impressive: Renault, T-Mobile, Oatly, PizzaHut, Tesla, Netflix - they all rely on the expertise of Storyblok's software specialists.

And now the company, which specializes in a system for creating, editing and managing digital content and thus also makes life easier for marketing experts and developers at companies, is taking the next step. The financing round raised 80 million US dollars, the equivalent of almost 74 million euros. The round was led by Brighton Park Capital.

Targeting growth in the USA and Europe
What happens now? Storyblok wants to grow strongly in the USA and Europe. With a view to the product, artificial intelligence is now set to make the content management system even better.