Chili Publish has raised an additional €3.625 million of funding from its original investors Volta Ventures, Pamica and Group MC. The money will be used to double the size of its teams in Belgium and the US to 85 people.
The company has offices in Belgium (Aalst), United States (Chicago) and Singapore. CEO Kevin Goeminne notes: “Our customer base, partner range, and market scope are continuously expanding – we are currently recruiting 35 people in Aalst and 10 in Chicago. Brands and partners everywhere need us, so we’re staffing up to meet that need. With the right additional people on board, I’m confident we can further expand our technology, conquer new markets and achieve our company mission of shaping tomorrow’s graphics.”
Chili Publish, which was founded in 2010, has developed a browser-based software that allows users to easily edit customizable documents based on templates. It can be integrated into third party solutions and includes Adobe InDesign and Illustrator plug-ins. It’s proven to be a cost-effective way of developing and disseminating artwork and marketing collateral and is widely used by companies ranging from Coca-Cola and Philips to Kaufland, and the Colruyt Group.
Goeminne adds: “This is just the tip of the iceberg. Our solution is going from niche to mass thanks to all the applications our customers and partners are creating and the results they are achieving. In expanding our European and US teams, we’re looking for high-end professionals, including a Global VP of Sales as an addition to our executive team. These enthusiastic experts will help us seek and seize all opportunities, new and existing ones.”
Chili Publish used the first round of funding from these three investors back in 2017 to double its recurring revenue. Board member Michel Akkermans, who runs the Pamica investment company, commented: “Every euro of the previous investment was leveraged into substantial increases in sales, customers, partners and human capital. The company is eager, the plan ambitious and the solution mature. Chili Publish is growing substantially, and we believe in the market need for the solution. We’re confident this next funding round will help us take advantage of the untapped market potential of this technology and enhance the enthusiasm level of the people behind it.”
You can find more information, including job vacancies at the Chili Publish website at: http://jobs.chili-publish.com/