Contentful raises $13 million from Benchmark
US-based VC Benchmark is known for its investments in Dropbox, Twitter, Uber, Snapchat and Instagram. Now, it leads the $13 million Series B round for Berlin-based content management system for developers Contentful. Besides them, Trinity Ventures joined. Existing investors Balderton and Point Nine Capital participated. Contentful makes it easy for developers to share content between different platforms and apps. Instead of relying on browser based CMS, the company accesses content via the API and hosts the content on its servers.
Searchmetrics takes $8 million loan
Berlin-based SaaS startup Searchmetrics needed new money, but didn’t want to raise another round. Therefore, it took a loan from Kreos Capital, Europe’s leading growth debt provider for high-growth companies. The investment is needed for product development, further expansion and customer support. Kreos Capital is known for helping out Kreditech and Uber’s competitor, Gett.