Weebly was acquired by Square in April 2018 for $365 million. The deal was announced on the same day that Square went public.
Prior to the acquisition, Weebly had raised $35 million in venture capital from BlueRun Ventures, Baseline Ventures, Sequoia Capital, and Tiger Global Management.
Weebly was founded in 2006 by three friends who were students at Cornell University. The company’s original mission was to make it easy for anyone to create a website. Weebly achieved this by allowing users to drag and drop elements to create their own webpages.
In 2007, Weebly raised $600,000 from Sequoia Capital and launched its first product: a website builder that allowed users to create and host their own websites without any coding required.
Weebly quickly gained popularity and by 2009, it was one of the most popular website builders on the market. In 2010, Weebly launched its e-commerce platform, which allowed users to sell products on their websites.
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In 2012, Weebly raised $15 million in Series B funding from Tiger Global Management and Insight Venture Partners.
The following year, Weebly raised $30 million in Series C funding from Sequoia Capital.
In 2013, Weebly launched its iOS app, which allowed users to create and edit websites on their iPhones. The following year, Weebly launched its Android app.
In 2015, Weebly acquired San Francisco-based startup Braintree for $300 million. Braintree’s technology allowed Weebly to offer credit card processing and other payment options to its users.
In 2016, Weebly acquired San Francisco-based startup Elasticsearch for an undisclosed amount. Elasticsearch’s technology allowed Weebly to offer better search functionality to its users.
How Much Was Weebly Acquired For?
Weebly was acquired by Square in April 2018 for $365 million.
6 Related Question Answers Found
Weebly, a website builder founded in 2006, was sold to Square for $365 million in 2018. Weebly was one of the first companies to offer an easy-to-use, drag-and-drop website builder. The company grew quickly and was profitable by 2009.
Weebly is a website builder that allows users to create and design their own websites. Weebly is a subscription-based service, and users can choose from four different pricing plans: Free, Starter, Pro, and Business. The Free plan is limited to 500MB of storage and does not include a custom domain name.
Weebly is a website builder that is available for free and costs $9.99 per month. The website builder allows users to create a website from scratch, or to customize an existing website. Weebly offers a variety of features, including a drag and drop interface, a library of templates, and a blog builder.
Weebly is a website builder that allows users to create and design their own websites without any prior coding knowledge. Weebly is one of the most popular website builders on the market, and it offers a number of features that make it a great choice for those looking to create a website. One of the great things about Weebly is that it is very affordable.
Weebly is one of the most popular website builders on the market today. Over 40 million people have used Weebly to create their own website, and many of those users are businesses. Weebly offers a variety of features that make it an ideal platform for businesses, including ecommerce tools, a wide range of templates, and support for custom domains.
Weebly is a website builder that lets you create a website without having to learn coding. It’s simple to use and offers a variety of features, making it a popular choice for small businesses and entrepreneurs. Weebly offers a free plan and paid plans starting at $8 per month.
