Xara raises €3 million to help businesses create professional documents

Funding Rounds

▤ Summary

Berlin-based Xara, a document design platform, has raised a €3 million round from Bellevue Investments & Co. "Theres a massive gap between basic document editors like Word, PowerPoint, and Google Suite, and then professional design software like Adobe," explained Matt Bolton, CEO of Xara. Bolton went on to explain the necessity of a product like Xara Cloud in todays market, and how it can help brands to gain greater visibility. “We are excited about the market disruption potential of Xara," said Jürgen Jaron, founder and CEO of Bellevue Investments & Co. "In today’s world, users expect rich functionality in easy to use packages. Xara Cloud can currently be accessed through a free trial, and the premium version is available starting at €5.95 per user per month.

$ Funding

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Amount $3.5M Total raised
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Date June 20, 2018 Announcement date
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Investors - Lead investors
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Company http://www.xara.com Funded company

▥ Classifications

industries
Hospitality
applications
No applications detected

◇ AskAI Classifications

Labels
Software Development SaaS Graphic Design Software

▦ Linked Companies

Xara GmbH
$1M to $5M