Siemens’ Next47 unit took part in a round that will enable the event management technology developer to grow its headcount in the US and Israel.

US-based event management software producer Bizzabo has raised $27m in funding from investors including industrial and appliance technology provider Siemens’ Next47 unit.

Viola Growth Partners also took part in the round, as did fellow growth equity firm Pilot Growth Equity according to TechCrunch, which described the financing as a series D round.

Founded in 2011, Bizzabo has developed a software platform that helps enterprises create and manage professional events. Users can measure the success of events using data collected through…