Israeli startup
Wix, which allows users to build flash websites, has just raised $40 million in Series D funding led by
Insight Venture Partners and
DAG ventures, with
Benchmark Capital, Bessemer Venture Partners and
Mangrove Capital Partners participating in the round. This brings Wix's total funding to
$61 million. Founded in 2006, Wix provides a simple mechanism for anyone to create Flash-based websites. Users can customize their Wix websites with a drag and drop editing tool and
pretty templates, making the site user-friendly for users who may not be tech savvy. The site makes its money from a freemium model where users pay for extra customization and design features.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/YdxEvcOTKBI/
HYPERCOM HEWLETT PACKARD CO HEARTLAND PAYMENT SYSTEMS GOOGLE GOOGLE
No comments:
Post a Comment