Branding automation start-up Bynder clinches €20m Series A
Platform that allows brands to collaborate on marketing content set to accelerate international expansion and product development
Bynder, the branding automation company, has closed a €20m Series A funding round from Insight Venture Partners.
Founded in 2013 by Chris Hall, Bynder’s marketing software allows brands, marketing departments and agencies to create, design and share content such as documents, graphics and videos through an online portal.
The platform serves over 150,000 users across more than 350 companies around the world including KLM Royal Dutch Airlines, Logitech and Puma. Since launch, it has grown its employee count from one to 200.
The funding will be used to fuel international growth and product development.
Hall commented: “What Salesforce did for sales tech, Bynder can do for brands. The cloud is allowing marketers to work faster and smarter, freeing up time for creative and strategic initiatives instead of repetitive administrative tasks.”
Jeff Horing, managing director at Insight Venture Partners, said: “Bynder is a clear innovator in the branding automation market. We share their vision for comprehensive brand management technology that enables teams to seamlessly communicate as they create content. We are pleased to partner with Bynder’s executive leadership team in this new phase of growth.”