0

February 24, 2022

Bloomreach Raises Additional $175MM and Doubles Valuation to $2.2 Billion

minute/s remaining

Bloomreach, the “commerce experience cloud” provider, announced that they had secured an additional round of $175MM in funding at a valuation of $2.2 billion.

According to reporting by Bloomberg, the company will use the additional funding for international expansion and to add more personalization features.

Despite this high valuation, Bloomreach’s CEO, Raj De Datta said that there is still significant opportunity for market growth.

Bloomoreach platform helps organizations create better e-commerce experiences through improved engagement, better discovery via search and recommendations, and content.

Read Bloomberg’s coverage here.


More ExTech News 

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

News, Analysis & Insights about the ExTech Market

Get The Digital Experience Report delivered straight to your inbox every Sunday.

>
Success message!
Warning message!
Error message!