Weebly was founded in 2006 by David Rusenko, Chris Fanini, and Dan Veltri. It is a website builder and hosting company headquartered in San Francisco, California. The company was acquired by Square in April 2018 for $365 million.
Square is a financial services, merchant services aggregator, and mobile payment company based in San Francisco, California. The company was founded in 2009 by Jack Dorsey and Jim McKelvey and has been publicly traded on the New York Stock Exchange since 2015.
Weebly was recently acquired by Square, a financial services, merchant services aggregator, and mobile payment company. This means that your Weebly site will now be powered by Square. While this is generally a good thing, there are a few things to be aware of:
1. Square is known for being very strict about its terms of service. If you violate any of their terms, your account could be suspended or even permanently banned.
2. Square is also known for being very aggressive about collections. If you have any outstanding payments with Weebly, you will need to pay them off as soon as possible or risk having your account suspended.
3. Finally, because Square is a financial services company, they will have access to all of your financial information. This includes your credit card number, bank account number, and any other sensitive information you have entered into Weebly. Be sure to read their privacy policy carefully to understand how this information will be used and protected.
Weebly will continue to operate as a standalone service under the new ownership. The acquisition is intended to help Square expand its suite of services for businesses of all sizes.
What Company Bought Weebly?
Weebly was acquired by Square in April 2018 for $365 million.