DeepCrawl Raises $19M in Series B Funding From Five Elms Capital and Beringea
Mar 10, 2020•over 5 years ago
Amount Raised
$19 Million
Round Type
series b
Description
DeepCrawl, the world’s leading cloud-based technical SEO platform, today announced it has raised $19M in a Series B funding round with Five Elms Capital and Beringea1. The round is being led by Five Elms, a growth equity and venture capital firm focused on B2B software companies. To date, DeepCrawl has raised $25.8M through angel investments from Beaumont Capital and Series A funding led by Beringea. This latest funding round will primarily be used for R&D and investing in sales and marketing to drive greater market penetration in the U.S.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech