Content discovery platform Dable closes $12 million Series C at $90 million valuation to accelerate its global expansion
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Summary
In 2021, however, it plans to use its Series C to speed up the pace of its expansion, launching in Hong Kong, Singapore, Thailand, mainland China, Australia and Turkey before entering markets in Europe and the United States, too.The company’s goal is to become the “most utilized personalized recommendation platform in at last 30 countries by 2024.” Lee said it also has plans to transform into a media tech company by launching a content management system (CMS) next year.Dable currently claims an average annual sales growth rate since founding of more than 50%, and says it reached $27.5 million in sales in 2020, up from 63% the previous year.
As said here by Catherine Shu