Weebly Raises $35M in Series C Funding

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Weebly, a San Francisco, CA-based global service that allows users create a website, blog or online store, raised $35m in Series C funding.

Backers included existing investors Sequoia Capital and Tencent Holdings Ltd.

The company intends to use the funds to expand into new markets and increase investment in R&D.

Led by David Rusenko, CEO and co-founder, Weebly allows people to create a website, a blog or a store (working across computers, phones and tablets) to start their own business, sell online, showcase achievements, and communicate with visitors.

Weebly is currently available in 12 languages and offers a range of pricing options, including a free plan and premium plans from $4 to $29/month.
According to a written note, more than 175 million unique visitors go to over 20 million sites monthly on the platform.

FinSMEs

22/04/2014

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