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Genially raised $20M in a Series B funding round led by 645 Ventures and Owl Ventures to accelerate its global content aspirations and focus on growing its community alongside the constant evolution of its product
Genially, an all-in-one content creation tool provider, raised $20 million in a Series B funding round co-led by the B2B SaaS-focused 645 Ventures and Owl Ventures to accelerate its global content creation aspirations, a press release from the company said.
The Series A funding for Genially came in February last year, where it netted €4.4 million ($5.15 million). Other investors – DN Capital and Brighteye Ventures and entrepreneurs like s16VC and Kahoot founders – participated in the funding round. Founded in 2015, Genially allows users to create incredible communication experiences quickly and freely.
Juan Rubio, co-founder and CEO of Genially, stated that the new funding round signifies an important; milestone towards realizing the company’s vision and mission and added,
Genially is ready for the next stage of growth. Making Genially a global and iconic company has always been part of our vision; we want to create a new standard in communication with interactive content at its coreJuan Rubio, co-founder and CEO of Genially
Genially stated that the investment advances its place as a leader in interactive content and would focus on growing its community alongside the constant evolution of its product. Its community is present in over 190 countries, especially in heavy use in, Spain, Mexico, France and Colombia, among others.
While we were first impressed by the rapid growth of millions of users of Genially’s software, we were most impressed by the founders’ purity of motivation to build creative software that users love to use at home, work, and school. The team is also building an outstanding culture where team members are happy and motivated by the company’s goal to create a new standard in content creationAaron Holiday, co-founder and managing partner