Paligo to get funding from Alfvén & Didrikson.
Paligo, a Stockholm, Sweden-based SAAS developer of cloud-based content management and authoring solution for the technical documentation market, raised capitl funding from the Swedish investment firm Alfvén & Didrikson.
Tiyam Afshari and Ken Liebkind of Alfvén & Didrikson will join the company’s Board of Directors.
The proceeds will be used to grow sales, marketing, and customer success, and speed up the product development.
Paligo, founded in 2015 by CEO Anders Svensson and Frank Arensmeier, developed a software solution for technical writers helping them to collaborate on technical documentation. In 2018, the company had sales of about SEK 7M ($750k).