Contentful raises $175M at a $3B valuation from Tiger for its information shipping and delivery support – TechCrunch

Contentful this morning announced a $175 million Series F round of funds, led by Tiger Global, valuing the unicorn at about $3 billion. Prior to the spherical that Contentful declared right now, its most modern fundraising function was an $80 million Sequence E led by Sapphire Ventures in June 2020. TechCrunch caught up with Contentful’s CEO, Steve Sloan (earlier of Twilio and Bessemer), and its comms hook up, Brian Spittler (formerly of Podium), to dig far more into its solutions. For every the CEO, when a enterprise discloses parts of development details in excess of time, individuals will go back again when they go community and compare data to promises. There is some truth to this: Some startups will assert profitability, for case in point, only to carefully backpedal and demonstrate that what they meant was actually modified EBITDA, say, or constructive working money flow.