Webydo, a NYC-based professional website-creation cloud platform and designer community, raised $7m in funding.
Backers included OurCrowd, Magna Ventures affiliate from Spain, and a group of strategic investors from the US and UK.
The company intends to use the funds to continue developing new features, as well as tools for community leadership.
Led by Shmulik Grizim, CEO, Webydo provides a B2B solution for web designers to create, manage, and host websites. It features a code-generator that automatically converts designers’ static visual design into functional HTML5 websites with cross-platform W3C-validated code. Its global community includes 93,000 designers, design studios, and web design agencies.