Evinced, a Palo Alto, CA-based software company powering accessible web and mobile development, raised $55M in Series C funding.
The round was led by Insight Partners, with participation from existing investors M12 (Microsoft’s venture fund), BGV, Capital One Ventures, and Engineering Capital. Evinced also added a new investor, Vertex Ventures, bringing its total funding to-date to $112M.
The company intends to use the funds to accelerate its mission through strategic investments in four key areas:
- Expanding the European presence and customer base
- Growing its global sales and customer success teams
- Enhancing R&D capabilities in generative AI solutions
- Developing new products and services to meet evolving market needs.
Led by CEO Navin Thadani, Evinced provides software for integrating accessibility into web and mobile development at accessibility-committed companies. Its suite of tools enable developers and accessibility professionals to automatically find, cluster, and track accessibility issues, reduce reliance on manual processes, minimize risk, and speed up their time to market.
FinSMEs
12/12/2024