The Grid Raises $4.6M For Its Intelligent Website Builder
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The team behind The Grid is developing a website builder that uses artificial intelligence to automatically create new sites based on the content you provide. The company ran one of the most successful crowdfunding campaigns for a software product earlier this year, but the team also went out to raise a larger fundraising round.
As the company today announced, The Grid has raised $4.6 million in a Series A round led by Jerry Yang’s AME Cloud Ventures. Other investors include former President of Disney Interactive John Pleasants, former Facebook VP of Product and Engineering Greg Badros and the founder of Elegant Themes Nick Roach, who also led The Grid’s $3.1 million seed round.
“The Grid’s cloud-based artificial intelligence will reinvent web design by eliminating the mundane, time-consuming parts of web development and creating elegant websites in a fraction of the time for a fraction of the cost,” said Yang in a canned statement today. “This will completely reinvent modern web design for everyone.”
In its current form, the service is clearly meant for content-heavy corporate or portfolio sites. It’s not optimized for blogs or news sites, but Tocchini noted that it could be used to create Snow Fall-like experiences.
Right now the team is targeting the end of spring 2015 for the launch of The Grid. Users who sign up for early access can still sign up to get the service’s discounted rate of $8 per month. Users who sign up after the launch will pay $25 per month.