By Steve O’Hear
Dixa, the customer engagement platform, has closed $36 million in Series B funding. Leading the round is Notion Capital, with participation from existing investors Project A Ventures and SEED Capital.
The Copenhagen and now London-based startup says it will use the new capital to accelerate its product development. This will including innovating with regards to the way it handles data, and further integrations with third-party software.
Headcount in its product and engineering teams will also increase, and Dixa says it plans to “double-down” on its go-to-market strategy in Europe and the U.S., where the company says it is seeing strong demand. In the last two years, it has grown from 12 to 120 employees across 5 offices in Copenhagen, London, Berlin, Kyiv, and Lviv.
Noteworthy, the Series B comes less than a year after Dixa raised a $14 million Series A, and the startup claims it didn’t need the cash. A sign of an overheated market and cheap money, perhaps? However, Dixa co-founder and CEO Mads Fosselius says it was all about investor-startup-fit based on Notion Capital’s track record investing in SaaS. The VC firm’s SaaS investments include Tradeshift, Mews, NewVoiceMedia, Paddle, Unbabel and others.
Founded in 2015 by Jacob Vous Petersen and …read more
Source: Tech Crunch