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CX Newsbytes: Invoca Acquires DialogTech, Contentsquare Raises $500M Series E and More CX News

Contentsquare Raises $500M Series E, Increasing Valuation to $2 8B

A year after its $190 million Series D, Contentsquare has closed on $500 million in Series E financing, bringing the value of the company to $2.8 billion. Leading the funding was SoftBank Vision Fund 2, joined by existing investors Eurazeo Growth, Bpifrance, KKR, Canaan Partners and Highland Europe. Funds and accounts managed by BlackRock Private Equity Partners also participated in the round. According to the company, the Series E brings Contentsquare’s total funding to $810 million since its formation in 2012. As part of the investment, Michel Combes, president of SoftBank Group International, will join Contentsquare’s board of directors. Contentsquare’s area of concentration is a cloud-based platform for businesses to enhance customer experiences by analyzing customer behavior. Using anonymous web, mobile and app interactions, it provides intelligent recommendations that endeavor to increase user conversion, revenue, engagement and growth.

BlackRock PEP strikes €509m ELTIF co-investment fund close, eyes infra next

1 BlackRock Private Equity Partners has hit a €509m final close for its latest long-term investment fund targeting global direct co-investments. The firm said BlackRock Private Equity Opportunities ELTIF is one of the largest European Long-Term Investment Funds raised to date. It said the vehicle is its first under its ELTIF platform, which aims to regularly bring new private market products to its European client base. European ELTIF regulation requires funds to observe strict limitations on its use of leverage and derivatives, as well as avoiding short selling. BlackRock PEP says it focuses on consolidation, corporate carve-outs and family owned or small-cap opportunities, with key sectors including media and technology, healthcare and industrial & business services.

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