For Immediate Release
Palmer Public Inc.
Tiugo Technologies Expands Portfolio of Developer Platforms with TinyMCE Acquisition
As a leading launchpad for new developers, this marks Tiugo’s third investment, expanding its suite of content creation and collaboration tools
BOSTON – [Mar 3, 2023] – Tiugo Technologies (Tiugo), a PSG portfolio company offering a family of innovative, API-first developer platforms, announced the acquisition of Tiny Technologies, the creator of TinyMCE, a leading WYSIWYG rich text editor component that enables software developers and product managers to easily embed rich text editing capabilities into applications and products.
“We’re excited to welcome the TinyMCE editor into the Tiugo organization,” said Mark Hatton, PSG Senior Advisor and CEO of Tiugo. “We believe there’s a substantial market for tools that help developers accelerate their rate of digital transformation and innovation in an increasingly modernizing world. With TinyMCE, they are able to streamline digital transformation by delivering scalable, out-of-the-box rich text editing capabilities, in our view making it a great addition to our existing portfolio of brands.”
Headquartered in Palo Alto and Brisbane, Australia, Tiny Technologies is a leading provider of open-source and premium paid rich text editing solutions for SMBs, mid-market companies and enterprises. Since 2015, the TinyMCE editor has enabled developers and product managers to embed advanced rich text editing capabilities in its applications – either via APIs or customizing an out-of-the-box UI for quick and seamless integration.
“The TinyMCE editing component and ecosystem was developed to help solve the unique needs of developers across the world,” said Andrew Roberts, CEO of Tiny. “We’re committed to providing both our open source and paid customer base with solutions that help them accelerate content production and collaboration. Now, as part of the Tiugo portfolio of brands, and with the support of PSG, we’re looking forward to delivering even more innovative offerings and benefits.”
Tiugo Technologies is a PSG portfolio company that leverages PSG’s extensive investment and operating experience to unify leading content experiences with an objective to succeed in the competitive developer platform market. The company will seek continued complimentary acquisitions that will bolster Tiugo’s suite of brands and commitment to the software developer market throughout 2023 and beyond.
“We’re excited to support Tiugo as it continues to broaden its capabilities through acquisitions of companies like Tiny Technologies, delivering a comprehensive set of platforms for the software developer community,” added Paul Russ, Principal at PSG.
About Tiugo Technologies
Tiugo Technologies is a launchpad for new developer platforms, helping software companies accelerate growth, increase operating efficiency and scale their business. As a portfolio company of PSG, , Tiugo is focused on assembling a portfolio of API-first, market-leading developer platforms dedicated to content creation and digital collaboration. Bringing together leading content experiences with an objective to succeed in the competitive developer platform market, Tiugo’s collection of companies offer holistic, differentiated solutions that aim to create more value together than they can alone. Tiugo’s current family of brands include ButterCMS, TINY Technologies and CKSource. To learn more about Tiugo, visit TiugoTech.com.
About Tiny Technologies
Tiny Technologies is the creator of TinyMCE, a trusted WYSIWYG component that enables rich text editing capabilities within an application. Scalable, adaptable and reusable, it powers 100M+ projects worldwide and more than 1.5M+ developers use it to add velocity to their tech stacks, so they can build and ship their projects faster. It’s helped SaaS companies, large enterprises, content creators and publishers to launch, grow and scale their businesses, reduce their development and technical debt burdens, minimize ongoing support tickets and boost the productivity of their users. To learn more about Tiny Technologies, visit Tiny.cloud.
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed more than 115 companies and facilitated over 420 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Paris, Madrid and Tel-Aviv. To learn more about PSG, visit PSGEquity.com.