Demostack News
5 articles
growth-positive
Izraelski Demostack olakšava demo web aplikacija - nakon $34 miliona investicije širi se kancelarija u Novom Sadu
Israeli software company Demostack has raised $34 million in a Series B funding round, which is expected to boost operations in Serbia. The company, which opened an office in Novi Sad a year ago, currently employs a team of around 10 people. The initiative for local presence came from CTO Aron Hakim. Demostack develops a demo platform aimed at solving software demonstration problems. The company is actively hiring and plans to employ around 20 people in Novi Sad by the end of the year.
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growth-positive
Israeli product demo platform Demostack raises $34m
Demostack, an Israeli product demo platform, has completed a $34 million Series B financing round led by Tiger Global Management. The company enables sales teams to design demos for their products and has raised a total of $51.5 million since its founding in 2020. The new investment will be used for R&D, innovation, and global growth. Demostacks technology allows users to create fully functioning demo environments that can be customized for each specific buyer, providing a competitive advantage for software companies. The company plans to become the market leader in demo experience solutions.
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growth-positive
Demostack raises $34 million Series B led by Tiger Global for product demo platform CTech
Demostack, an Israeli startup specializing in demo experience platforms for SaaS sales teams, announced it has raised $34 million in a Series B financing round led by Tiger Global Management. The company has raised a total of $51.5 million to date. Demostack plans to use the funds to expand its R&D center in Tel Aviv and recruit 50 additional employees in 2022. The company, which has offices in San Francisco, Tel Aviv, and Novi Sad, aims to reach millions of dollars in sales in the coming year. The funding will also help Demostack compete with its main rival, Walnut.
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growth-positive
Demostack announces $17.5M investment for demo building platform
Demostack, a startup that helps companies build software demos, has raised $17.5 million in funding. The investment includes a $13.5 million Series A round led by Bessemer Venture Partners and a $4 million seed round led by Amiti Ventures. Demostack provides a demo building tool that allows sales and marketing teams to create customized demos for prospects without the need for engineering. The tool records the environment and pulls in information from the CRM tool. The company plans to triple its employee count by the end of the year and emphasizes diversity among its early employees. Demostack launched in September and is now publicly unveiling the company.
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חברת Demostack גייסה 13.5 מיליון דולר בהובלת Bessemer
Israeli startup Demostack, which develops a system that enables the creation of software demos for remote sales, has raised $13.5 million. The company was founded in 2020 by Yehonatan Friedman, Aharon Bar Hacham, and Gilad Avidan, and currently employs 20 people. The funding round was led by Bessemer Venture Partners, with participation from various industry leaders and investment firms. The funds will likely be used to further develop their product and expand their team.
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