The Swedish cloud-based solution for the technical documentation market, Paligo have announced that they have raised funding from investment firm Alfvén & Didrikson.
The investment will enable Paligo to ramp up sales, marketing, and customer success, and speed up development for more innovative features.
"We are genuinely excited to be able to support the Paligo team in this journey to change the game of technical documentation," said Tiyam Afshari from investment firm Alfvén & Didrikson.
Tiyam Afshari and Ken Liebkind of Alfvén & Didrikson have led the work on the investment, and both will join the company’s Board of Directors.
“The product has grown at an impressively rapid pace since its launch in 2016. With a wide variety of customers all around the world currently using the product it has already established a truly global footprint,” added Afshari.
Paligo was founded in 2015 by Anders Svensson and Frank Arensmeier. Today the company holds two office space locations, with headquarters in Sweden and an additional office in Ireland.
Svensson and Arensmeier found a gap in the market to improve technical documentation. They set out to create the ideal component content management software for technical writers.
“Paligo empowers technical writers with an unparalleled level of control for managing complex documentation, and with this investment we will be able to take the product to the next level and deliver even more of what we know the technical communication market wants,” said Paligo CEO and co-founder Anders Svensson.
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