SEO platform DeepCrawl raises $19m in Series B round
Cloud-based technical SEO platform DeepCrawl has raised $19 million in a Series B funding round.
The round has been led by Five Elms Capital, a growth equity and venture capital firm focused on B2B software companies, and Beringea.
The money will be predominantly used on R&D, sales and marketing, as well as driving expansion in the US.
Founded in 2010, DeepCrawl’s robust web crawler gives marketers and SEO experts actionable data-based insights to help them diagnose and fix technical issues, increase website visibility and grow organic traffic.
Its customers includes IKEA, Shopify, Publicis, GroupM and Nestle.
“We’re excited to raise this round of funding in the U.S. as 60% of our revenue comes from North America,” said Michal Magdziarz, CEO of DeepCrawl.
“With increased user-generated content and frequent code releases, websites are more dynamic than ever before and it takes just one incorrect code input to see traffic plummet. This funding round will help us to continue expanding our solutions by focusing on integrating key SEO stakeholders: marketing and engineering teams.”
DeepCrawl opened its US office in 2017 and has since grown to more than 20 staff.