Startup Wix, which allows users to build flash websites and widgets, has just raised $10 million in Series C funding from Benchmark Capital existing investors Bessemer Venture Partners and Mangrove Capital Partners participating. This round of founding brings Wix’s total funding to $20 million. You can read our initial review of Wix here.
Founded in 2006, Wix provides a simple mechanism for anyone to create Flash-based websites and widgets without losing SEO juice. 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 funding will be used for further product development.
The site makes its money from a freemium model where users pay for extra customization and design features. And Wix is partnering with other design and image sites to include compelling features for website building. For example, Wix has partnered with stock image site Fotolia to give users access to the site’s 5 million images. Wix is growing and currently has 3.5 million free users with 400,000 new users joining per month. The site faces competition from Weebly Sprout, Yola, and others.
Here’s an example of a website created using Wix.
Wix.com (www.wix.com) is the world’s leading do-it-yourself web publishing platform which enables users to design, publish, maintain and host free websites without having to learn to design or code. Founded in 2006 by brothers Avishai and Nadav Abrahami and Giora (Gig) Kaplan, Wix has revolutionized the web by developing a cutting edge publishing platform that to the average user, is intuitively simple. Wix offers everyone the opportunity to develop complex, stunning and professional sites with ease; sites that previously would...