Schoenherr has advised Linz-based start-up Storyblok on its EUR 7 million Series A financing round. Mubadala Capital, the state investment company of the United Arab Emirates, participated in the current financing round, as did existing investors 3VC and Firstminute Capital, Binder Groesswang advised Mubadala Capital on the deal.
Storyblok was founded in 2017 by entrepreneurs Alexander Feiglstorfer and Dominik Angerer. According to Schoenherr, “with its platform-independent content management system, the Upper Austrian company is one of the biggest challengers to the prevailing backend systems such as Adobe Experience Manager, Sitecore, and WordPress. The investment flows into the further geographical expansion of the company (Germany and Ireland) and ensures the further development of the design system, the launch of a partner program and a geo-location filtering.”
Schoenherr’s team was led by Partner Thomas Kulnigg and included Associates Dominik Tyrybon and Andreas Lengger.
Binder Groesswang's team included Partners Thomas Schirmer and Christian Wimpissinger, Attorneys Wolfgang Guggenberger, Johannes Bammer, and Philipp Spring, and Associates Felix Fuith, Erik Pinetz, and Alexandra Hochegger.