DeepCrawl raises $19M Series B funding led by Five Elms Capital

Date: 2020-03-12   Author: Saipriya Iyer  Category: #news

DeepCrawl raises $19M Series B funding led by Five Elms Capital

DeepCrawl, a pioneering technical SEO platform, has recently raised Series B funding worth $19 million, led by Five Elms Capital. The funds will primarily be used for research and development as well as sales & marketing to drive DeepCrawl’s commercial presence in the United States. The company’s funding history, to date, includes capital worth $25.8 million, raised through Beaumont Capital’s angel investments as well as Beringea-led Series A funding.

Various brands are trying to maximize their online presence and capture a significant share of web traffic, which rose by 8% in 2019, to promote their products and deliver cutting-edge experiences to users. Founded in 2010, DeepCrawl has developed a robust web crawler that enables SEO experts and marketers to increase website visibility, fix & diagnose technical issues, and ultimately gain more revenue share as well as online traffic using actionable data-based insights. The company is known for generating increased profitability and has the trust of all 6 major global agency networks, as well as 54% enterprise brands. These firms, which include Intercontinental Hotels and Resorts, Nestle, GroupM, Publicis, Shopify, and IKEA, have employed the company’s technical SEO platform to improve and monitor site performances.

According to DeepCrawl’s CEO, Michal Magdziarz, the company has expressed its elation at raising the funding in the U.S., with significant growth opportunities, with prominent customers such as Instacart, Intuit, and Newsweek, as 60% of its revenue is derived from North America. He further added that the company is focusing on increasing web traffic across dynamic websites through the technology of frequent code releases and increased user-generated content.

The recent funding will also help DeepCrawl integrate engineering and marketing teams, which are key stakeholders, to continuously expand its solution offerings. DeepCrawl’s SEO data is best suited for large enterprises as compared to local-based crawlers, to optimize organic search results by mitigating issues. The company’s enhanced API enables user connection to productivity tools, and allows them to plug custom datasets into dashboarding platforms such as Tableau, Klipfolio, Data Studio, etc.

Source credit:

https://newyork.citybizlist.com/article/600723/deepcrawl-raises-19m-in-series-b



About Author


Saipriya Iyer linkdin-boxtwitter

Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website...

Read More

Post Recommendents

Leaded Disc MOV Market 2021-2027 Detailed Analysis and Growth Strategies, Regional and Recent Scenario Analysis

Author: Sachin Pashte

Decoding Covid-19 impact on Leaded Disc MOV market over 2021-2027, with report inclusions as growth determinants, challenges, and revenue generating prospects.

The recent study on Leaded Disc MOV market is compiled with an objective to a...


Plastic Pre-Filled Syringes Sales Market Share, Growth, Statistics, by Application, Production, Revenue & Forecast to 2027

Author: Sachin Pashte

Market Study Report adds a new research on Global Plastic Pre-Filled Syringes Sales Market for the period of 2021-2027 that shows the growth of the market is rising at a Steady CAGR to 2027.

The recent study on Plastic Pre-Filled Syringe...


Clindamycin Phosphate and Benzoyl Peroxide Sales market to showcase strong CAGR between 2027 and 2027

Author: Sachin Pashte

Primary aspects discussed in Clindamycin Phosphate and Benzoyl Peroxide Sales market research report: profit margins, pricing models, production and consumption volume, demand and supply trends, COVID-19 impact.

The recent study on Clind...