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. In 2011, Weebly raised $35 million from Sequoia Capital and other investors.
Weebly became popular with small businesses and individuals who wanted to create a website without learning code. The company offered a variety of features, including e-commerce, and allowed users to create a professional-looking website without hiring a web designer.
In 2016, Weebly was acquired by Endurance International Group for $455 million. Two years later, Square announced that it was acquiring Weebly from Endurance for $365 million. The deal was completed in April 2018.
Weebly has been acquired by Square for $365 million.
