Hungarian success story: Prezi secures $57 million in a round led by Spectrum Equity

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Prezi, the presentation platform that helps people connect more powerfully with their audiences, announced today that it has received a $57 million investment from Spectrum Equity with participation from existing investor Accel Partners.

Founded back in 2009 in Budapest, Prezi plans to use this investment to accelerate its rapid global growth. The company also announced today that it has surpassed 50 million users, nearly doubling in the past twelve months. With more than 160 million prezis created to date, Prezi has the world’s largest publicly available presentation database. If you don’t know Prezi yet, make sure to check out the video below this article.

Peter Arvai, CEO and co-founder of Prezi, stated: “We are thrilled to have Spectrum on board as an investor in Prezi. They understand our business, have deep expertise with cloud-based software companies and have a long term perspective, just like we do,”.

Vic Parker, Managing Director at Spectrum Equity, said: “We have followed the growth of Prezi for a few years and believe that Prezi is quickly becoming the preferred application for businesses, entrepreneurs and educators, to create and deliver distinctive visual presentations and share ideas. We believe Prezi’s product platform, coupled with the power of its growing user base and content library, make this a particularly compelling opportunity,”.