Contentstack, India’s largest homegrown content management system and composable architecture pioneer, has announced $80 million in Series C funding. The Company will use the funds to continue supporting enterprise companies on their path to composable, empowering them to meet consumer demand for omnichannel and personalized experiences.
As Bharti Airtel rolls out 5G services in select cities in India, Cloud major Oracle is busy helping the telecom operator in its digital metamorphosis, internally as well as externally, to serve its stakeholders and customers better as it transitions from 4G to 5G. Oracle and Airtel announced new cloud and data centre deals to help boost digital economy and empower 1 million enterprise customers.
Antavo, closed a Series A round at €10 million led by Euroventures alongside Lead Ventures, iEurope, Innovation Nest and private investors. The new investment will enable Antavo to continue reinvesting in its technology for greater omnichannel capabilities and superior integration, while expanding its global presence. In 2022, the company signed major global brand customers including BMW, KFC, Kathmandu and BrewDog, resulting in 3.2X year-on-year growth and a 3-fold increase in headcount.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.