Akeneo Secures $135M Series D Funding Round

Funding Rounds

▤ Summary

The funding round is being led by global growth equity investor Summit Partners. Existing investors Alven and Partech are also participating in this latest round, bringing Akeneos total investment raised to $196 million. The new capital will be used to drive continued momentum through an accelerated product development roadmap, key executive hires, and expansion of Akeneos strategic partnerships. Akeneo is a global leader in Product Experience Management (PXM) solutions that help merchants and brands deliver a compelling customer experience across all sales channels, including eCommerce, mobile, print, and retail points of sale. Akeneos open source enterprise PIM, and product data intelligence solutions, dramatically improve product data quality and accuracy while simplifying and accelerating product catalog management.

$ Funding

$
Amount $135.0M Total raised
□
Date March 15, 2022 Announcement date
◎
Investors Akeneo, Video Island Lead investors
▥
Company http://www.akeneo.com Funded company

▥ Classifications

industries
No industries detected
applications
Web and Content Management

◇ AskAI Classifications

Labels
Product Information Management Product Experience Management SaaS

▦ Linked Companies

Akeneo
$1M to $5M