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.

Author: João-Pierre S. Ruth

After more than thirteen years as a business reporter in New Jersey, João-Pierre S. Ruth joined the ranks of Xconomy serving first as a correspondent and then as editor for its New York City branch. Earlier in his career he covered telecom players such as Verizon Wireless, device makers such as Samsung, and developers of organic LED technology such as Universal Display Corp. João-Pierre earned his bachelor’s in English from Rutgers University.