Website Building » Wix » Who Invested in Wix?

Who Invested in Wix?

Last updated on January 7, 2023 @ 7:03 am

Wix is a cloud-based development platform that allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools.

The company was founded in 2006 by Avishai Abrahami, Nadav Abrahami, and Giora Kaplan.

GREAT NEWS:

Exciting update! We've collaborated with Wix to offer WBI users with a free plan for all website creation needs - Explore the details here.

All three founders were born in Israel and served in the Israeli military prior to attending university.

After university, the three entrepreneurs pooled their resources and founded Wix in a small office in Tel Aviv.

The company initially focused on providing developers with an easy way to create and host web applications.

PRO TIP: Wix is a publicly traded company on the Nasdaq Global Select Market. As of September 2020, Wix had a market capitalization of $8.76 billion.

Wix is not a private company. Anybody can invest in Wix.

In 2009, Wix launched an HTML5 website builder that allowed users to create and edit websites without requiring any coding skills.

Since then, Wix has been constantly innovating and expanding its platform to meet the needs of its users.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.