hybris has secured a $30 million investment to fund growth in emerging markets, strengthen its presence in North America and Europe, address additional verticals, and make strategic add-on acquisitions. 

The new investment comes from Meritech Capital Partners, Greylock Israel and Huntsman Gay Global Capital (HGGC), which has been the company’s largest investor since 2011. George Bischof, a Managing Director at Meritech who led this equity round, has joined the hybris Board of Directors.

Over the past three years, hybris has generated organic revenue growth at a compound annual growth rate of approximately 70 percent, while still generating positive operating cash flows. hybris currently employs more than 600 people.