Saturday, December 14, 2024

Issuu: Raises $31M from Capital IP

Issuu Raises $31M from Capital IP

  • Issuu, a Palo Alto, Calif.-based digital content publishing global leader, today announced the company has secured a $31M round of financing from Capital IP
  • This new round is the first for Issu since July 2014, when they raised $10m from Heartcore Capital and Japanese Telco, KDDI
  • The company will use the capital to scale teams across the company, invest in new product expansion, and compound accelerating growth
  • Founded in 2006 and led by Joe Hyrkin, chief executive officer, the company is a SaaS content publishing and marketing platform
  • Its story cloud empowers content creators to transform designs from static files into marketing assets for every distribution channel
  • With over 30 million publications hosted and 4+ billion monthly page views, Issu also has offices in Copenhagen, Berlin, and Braga, Portugal

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