Funding

Strapi Secures $31M Series B Funding Led by CRV

Story Highlights
  • Leading open-source “headless” content management system (CMS), Strapi has raised $31 million in Series B funding led by CRV with participation from Flex Capital, Index Ventures, and angel investors including former GitHub CEO Nat Friedman. CEO Pierre Burgy suggested that with the initial capital raised the plan is to launch a new product, Strapi Cloud, while bringing in additional tech and solution partners and further developing the Strapi project.

There are already more than 2,000 Strapi plug-ins and providers that have been developed to date. To find the best plug-ins, the company announced the launch of Strapi Market, the official marketplace giving users the option to leverage new features or integrations as part of their projects. 

The PaaS (Platform-as-a-Service) approach embraces the company’s open-source DNA and preserves the company’s unique customization capabilities. With Strapi Cloud, the company is offering a seamless deployment process that enables developers to start their project locally, customize it according to their needs, version it through Git, and deploy it in seconds. Strapi Cloud is scheduled to become generally available next year. It’s currently in beta.

Burgy said: “WIth the pandemic, a lot of businesses facing uncertainty were forced to adapt by moving online. On the other hand, individuals are consuming more content online than ever before and also need to adapt to the reality of remote work. As a result, companies are focusing more and more on the holistic overall experience for all stakeholders. Strapi helps companies in that process by providing a more versatile and composable platform to help them future-proof their applications and deliver a consistent experience across channels for all users.”

In addition to thousands of open source users, Burgy says that the company has 450 paying customers including AT&T, eBayIBMToyota, and government agencies in the U.S. and Europe. The company’s workforce stands at 70 employees; Burgy expects it’ll grow to 110 by the end of the year, and to date, Strapi has raised $45 million.

Source
Innovate Village

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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