Crownpeak Has Received an Investment from K1 Capital
About CrownPeak
- CrownPeak is the pioneer of cloud-based Digital Experience Management (DXM) solutions designed to help global companies successfully manage their hundreds of digital experiences across multiple touchpoints
- Recognized as a “Visionary” in Gartner’s Magic Quadrant for Web Content Management, CrownPeak provides digital teams with the agility they need to create unified, modernized and scalable digital customer experiences
- CrownPeak has an international client base with some of the world’s largest insurance, financial services and pharmaceutical companies and is based in Los Angeles and London
About K1
- K1 Investment Management is a venture capital firm investing in high-growth private companies across North America
- The firm seeks to help dynamic businesses achieve successful outcomes by identifying and executing organic and acquisition-based growth opportunities that can position their companies as industry leaders
- K1 is based in El Segundo, CA
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As global enterprises undergo a transformation in digital marketing they are increasingly challenged to deploy and maintain high-quality digital experiences across many touchpoints. Our powerful union with industry leader, ActiveStandards, and support from K1 will allow us to address and surpass this need. We will offer clients the clear solution to manage and deliver rich and consistent content-driven customer experiences.
Jim Yares
CEO, CrownPeak
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The combination of CrownPeak’s and ActiveStandards’ market leading solutions creates a platform that will transform the way brands communicate, relate and connect with their customers. The industry is primed for a development of this magnitude and we are excited for continued investment in this partnership.
Neil Malik
K1
Transaction Notes
- The $50 million investment in CrownPeak by K1 was announced on April 6, 2016; in connection with the investment, CrownPeak merged with UK-based ActiveStandards, a leading provider of SaaS Digital Quality Management solutions to large enterprises worldwide
- The combined company, operating under the CrownPeak name, will offer next-generation solutions for SaaS DXM through super-fast, multi-site, enterprise deployments that will create exceptional, high-quality customer experience moments across all digital touchpoints through one powerful and accessible platform
- Shea & Company served as the exclusive financial advisor to CrownPeak and its Board of Directors