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Creative Automation Company Celtra Announces Majority Investment By Symphony Technology Group (Stg)

Nov 10, 2021•over 3 years ago
Boston

Description

Celtra Technologies, Inc. (“Celtra”), the Creative Automation company, announced today it has signed a definitive agreement to receive a majority investment from Symphony Technology Group ("STG"), a private equity partner to market-leading companies in data, software, and analytics. The STG backing will help Celtra grow in partnership with Celtra's founders and management team. Celtra, a profitable company since 2017, is expected to generate over $50M in revenue in 2021, growing by over 25% year over year

Company Information

Company

Celtra

Location

Boston, Massachusetts, United States

About

At Celtra, we believe scaling marketing creativity is transformative - for businesses, and for culture. So we’re transforming creative work - across people, data, and media. Today, Celtra makes enterprise software solutions that help businesses stay creative at scale. Our customers include companies recognized as the most creative companies in the world, including adidas, NBCU, WarnerMedia, Unilever, Spotify, and Shopify. Learn how to stay creative at www.celtra.com About STG Symphony Technology Group (STG) is a private equity partner to market leading companies in data, software, and analytics. The firm brings expertise, flexibility, and resources to build strategic value and unlock the potential of innovative companies. Partnering to build customer-centric, market leading portfolio companies, STG seeks to create sustainable foundations for growth that bring value to the companies with which it partners. The firm is dedicated to transforming and building outstanding technology companies in partnership with leading management teams. STG’s expansive portfolio has consisted of more than 35 global companies. For more information, please visit www.stgpartners.com