Frontify closes new financing round
St.Gallen – Frontify has raised $8.3 million in a new financing round. The St.Gallen startup operates a brand management platform. Customers include Lufthansa, IBM and Vodafone.
Frontifyannounced that it has successful raised $8.3 million in a Series A financing round. The round was led by venture capital firm Blossom Capital, which has previously invested in companies such as Facebook and Uber. Its seed investors are Doodle co-founder Mike Naef, president of the Swiss ICT Investor Club Thomas Dübendorfer and Cédric Waldburger of Tenderloin Ventures.
The company’s platform helps companies manage their branding in a more consistent and efficient manner by providing all employees with access to the company’s brand portal, media library, pattern library and style guides. It also offers a tool called Workspace, which facilitates collaboration among marketing and branding teams, as well as designers and software engineers.
“We think that Frontify has fast become the go-to-brand management platform and will further establish its market-leading position over the next five years,” said Blossom Capital partner Ophelia Brown.
Founded in 2013, Frontify is based in St.Gallen.