Summit Partners, a global growth equity firm,  has today announced its USD 55 million investment in Danish SaaS company Siteimprove, a leading provider of web governance software.

After twelve years of strong organic growth, profitability and global expansion, the current owners sought an experienced global partner able to support Siteimprove as it continues to scale internationally.

The funding will support Siteimprove’s continued expansion of its global operations, sales and marketing as well as the development of its category-leading SaaS solutions for web governance.

CEO and founder Morten Ebbesen will continue as CEO and majority share holder.

Siteimprove is the global leader in SaaS-based web governance solutions. Siteimprove’s broad suite of cloud software products includes quality assurance, accessibility compliance, analytics, SEO, performance monitoring and policy management. More than 3,500 customers rely on software from Siteimprove to identify, prioritize and repair issues that could have a negative impact on brand reputation and to ensure web accessibility and compliance with web content standards. Headquartered in Copenhagen and Minneapolis, Siteimprove has 260 employees across eleven global offices.

Summit Partners is a growth equity firm that is currently investing more than $6.5 billion into equity and fixed income opportunities. Summit has invested in more than 400 companies in technology, healthcare and other growth sectors. These companies have completed more than 135 public offerings, and more than 150 have been acquired through strategic mergers and sales.

Bruun & Hjejle acted as legal counsel to Summit Partners.