Hybris Raises $30M from Meritech, Greylock, and Huntsman Gay
Hybris, a German enterprise software provider with its U.S. headquarters in New York, said Tuesday it raised $30 million in a round led by Meritech Capital Partners, with participation from Huntsman Gay Global Capital, which previously invested in the company, and Greylock Israel.
Hybris, which also has offices in Boston, has developed a merchandising, data, order, and Web content management platform for the business-to-business and businesses-to-consumer sectors.
Munich-based Hybris, founded in 1997, plans to use the new funding for potential strategic acquisitions, growth in emerging markets, and to further expand its presence in North America and Europe.
Hybris already has some 600 employees around the globe.