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Who bought Weebly?

Last updated on September 25, 2022 @ 4:44 am

Weebly, a website builder, announced in March that it had raised $125 million in a Series C round of funding, valuing the company at $1.2 billion.

The round was led by Fidelity Investments, with participation from Sequoia Capital, BlackRock, and other investors. Weebly’s existing investors, including Bessemer Venture Partners, Index Ventures, and Andreessen Horowitz, also participated. .

Weebly’s existing investors are likely to see the most benefit from the company’s new funding round. Weebly has been aggressively expanding its product lineup and adding new features to its website builder platform.

PRO TIP: Weebly was recently acquired by Square. Weebly will continue to operate as an independent website builder, but will now be part of the Square family. This means that Weebly will have access to Square’s payment processing, point-of-sale, and other business tools.

The new funding will help the company continue to grow its user base and expand its product offerings.

Weebly is likely to be attractive to a range of companies and investors. The company’s user base is growing rapidly, and its platform is versatile and easy to use.

Weebly also offers a range of features that are not available on many other website builders.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.