Capillary Ups Series D to $140M
Capillary Technologies boosts Series D funding to $140M for AI, global growth, and employee shares, building on robust US market presence.
February 27, 2024
Capillary Technologies Fuels Expansion and Innovation
Capillary Technologies has increased its Series D funding round to a total of $140 million. The additional funds are earmarked for enriching employee share schemes, advancing artificial intelligence initiatives, and speeding up the company's global market expansion efforts.
In a previous funding round in June of last year, Capillary raised $45 million. Among its high-profile clients are industry leaders such as the Tata Group, PUMA Group, Shell, and Al-Futtaim.
Following strategic acquisitions in the United States, including Persuade, Brierley|Capillary, and Tenerity’s Digital Connect, the US market now constitutes over one-third of Capillary's total revenue.
