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Frontify closes new financing round

Frontify has raised $22.3 million in a recent financing round. The St.Gallen startup will use the new funds to further develop its brand management platform and expand its worldwide reach.

Roger Dudler
Roger Dudler is the founder and CEO of Frontify. Image Credit: Frontify

 

Frontify announced that is has raised $22.3 million in a Series B funding round. The round was led by venture capital firm EQT Ventures with participation from existing investors, including Blossom Capital, Datartis Ventures and Tenderloin Ventures, as well as Doodle co-founder Myke Naef and Thomas Dübendorfer, president of the Swiss ICT Investor Club.

The company’s platform helps companies generate consistent brand experiences by providing all employees with access to various digital tools. Over 2,500 companies are now using the platform, including Lufthansa, Dyson and Vodafone.

The latest round of funding will go towards product development and global expansion, particularly across North America and Europe.

Founded in 2013, Frontify is based in St.Gallen.

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