CMS & Web Experience Management

CoreMedia to Accelerate Global Growth

CoreMedia, a global content management platform and developer of CoreMedia Content Cloud to Accelerate Worldwide Growth with Majority Investment from OpenGate Capital

CoreMedia, a content management platform worldwide and developer of CoreMedia Content Cloud, is excited to announce that it has successfully partnered with OpenGate Capital, a global private equity firm, on a majority growth investment. CoreMedia Content Cloud blends real-time product information with multimedia marketing content and delivers consistent, personalized product messaging across a variety of digital channels. This new investment, which also incorporates contributions from Silicon Valley Bank, a subsidiary of SVB Financial Group, builds on CoreMedia’s self-financing efforts and positions the company for accelerated growth in North America and beyond. The terms of the investment were not disclosed.

Sören Stamer, CEO and Co-Founder of CoreMedia said “The pace of digital marketing is increasing every day. Leading companies require agile, open solutions that help orchestrate their brand assets from any source to deliver synchronized digital experiences to any touchpoint, including online, mobile, in-store, out-of-home, programmatic advertising and video.  I’m proud of our team and what we have achieved. This partnership with OpenGate will accelerate our efforts to help companies build and manage truly iconic brands.”

Product innovation is a key area of focus for CoreMedia, and OpenGate’s investment will help the company leverage artificial intelligence (AI) to automate repetitive tasks and assist companies to delight consumers with new personalized shopping experiences. The partnership will also drive further universal expansion and global brand awareness.

OpenGate Capital’s Founder and Chief Executive Officer commented, “We are extremely excited to be partnering with CoreMedia and its talented team as the company enters the next chapter of its growth story. We look forward to supporting the company as it continues to deliver market-leading solutions that enhance the productivity, responsiveness, and relevance of digital marketing on a global scale.”

The transaction will allow CoreMedia to further capitalize on its two-decade history as a leading provider of digital experience solutions for global brands in a range of industries including media, retail, public sector, manufacturing, telecom, and luxury goods.

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