Idinvest leads $20m series-B for Botify

Existing investor Ventech also took part in the round, which will enable Botify to open a second US office in Seattle, invest in product development and fund international expansion.

The company launched its product in the US in 2016; its revenues in the country grew by around 200% in 2018, according to a statement.

The latest round brings the total amount raised by the company to $27m.

Previous funding
Idinvest and Ventech took part in a €6.6m series-A funding round for Botify in 2016.

Company
Founded in 2012, Paris-headquartered Botify develops a range of SEO-related software products focusing on data analytics for marketing purposes. Its suite is designed to help businesses build SEO-friendly websites and to evaluate and rank content on an ongoing basis. Its clients include Expedia, Nike and Marriott.

People
Idinvest Partners – Benoist Grossmann (managing partner).
Botify – Adrien Menard (CEO, co-founder); Thomas Grange (chief technology officer, co-founder).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• France
• Technology
• France
• IDInvest Partners (AGF Private Equity)
• Ventech
• Venture