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Contentsquare Lands $500M Series E Investment Led By Softbank Vision Fund 2 To Fuel Rapid Global Expansion And Ai-Driven Digital Experience Innovation

May 25, 2021•about 4 years ago

Amount Raised

$500 Million

Round Type

series e

FranceOtherData And AnalyticsSoftware

Description

Contentsquare, the global leader in digital experience analytics, today announces it has completed a $500 Million Series E funding round. The investment is led by SoftBank Vision Fund 21, which joins existing investors Eurazeo, Bpifrance, KKR, Canaan, Highland Europe, and funds and accounts managed by BlackRock — most of whom also participated in this round. In addition to the investment, Contentsquare will take advantage of SoftBank’s depth of expertise in scaling companies and network in Asia, and Michel Combes, President of SoftBank Group International, will join Contentsquare’s Board of Directors.

Company Information

Company

Contentsquare

Location

Via Vittor Pisani

France

About

Its financing reflects this — the company today announced that it closed a $600 million Series F round at a $5.6 billion valuation, exactly double Contentsquare’s valuation as of last May ($2.8 billion). The platform uses algorithms to analyze digital interactions and generate insights that, in Cherki’s words, help businesses “access a deeper understanding” of their customers. Using algorithms, the platform attempts to automatically discover areas for improving revenue and experience, delivering metrics and “session replays” that reconstruct the steps individual visitors took on Contentsquare-tracked websites. That’s one of the reasons Jonathan Cherki founded Contentsquare, a platform that allows businesses to track online customer behavior to inform digital strategies. Contentsquare also provides an API that customers can use to integrate the platform with web apps and other systems, like personalization engines. Over one million websites worldwide across all verticals use Contentsquare today,” Cherki said. Elsewhere in the organization, Contentsquare operates a nonprofit foundation to help promote digital accessibility in areas like education and corporate social responsibility.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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