Hosted Online Publishing Platform, Receives $3.5 Million In Funding
New York, New York – (The Hosting News) – October 22, 2008 –
The hosted online publishing application of Wix, has received an additional $8.5 million in funding, from Mangrove Venture Capital and Bessemer Venture Partners, for the company that specializes in the design and development of professional-looking web sites.
Allon Bloch, Co-CEO, Wix remarked, ”For the average small business, making a professional website is as a complex and costly as it was in 1998. I can’t think of any other fundamental Internet technology that has changed so little in the last decade.”
The launch of the premium version of the Wix online application, allows anyone to develop Flash-based web sites and content, without being a programmer or designer. The new premium version will cost 5.8 GBP (US$9.90) per month and will offer several professional features including hosting, connecting to domains, as well as keeping the site free from advertising and promotional links.
Wix’s expansive U.K. user base — the third most popular in the world — will also benefit from these professional features. In addition, Wix also announced today that it received US$3.5 million in funding from Mangrove Venture Capital and Bessemer Venture Partners. Lead by Mangrove, the funding will go towards marketing and product development. Wix’s current funding to date is US$8.5 million.
Wix — The Online Publishing Platform Wix allows users to create any kind of Flash web site and content they want in a totally flexible manner without the need to know code. This means small businesses and consumers can create full-blown websites in a matter of hours, and make their own changes easily over time. Wix has created a Drag and Drop editor that allows you to decide how you want your website to look — and see the results in real time online. There is no code to download and Wix provides full hosting management for the new site.
The users’ response to Wix, since the launch of the open beta in the end of June 2008, has grown rapidly with hundreds of thousands of monthly unique users, and thousands joining every day primarily through word-of-mouth. There is an ever-increasing volume of web sites and widgets created, including: – Over 1,500 new web sites are created daily – Over 600 new widgets are created daily – Thousands of new subscribers join Wix daily Small businesses need every competitive advantage to succeed in today’s marketplace. By designing web sites using Wix, small business owners can have a web presence that matches that of their larger competitors.
Wix is the first Flash website platform that allows search engines to easily crawl through, facilitating the same Search Engine Optimization that can be achieved with HTML sites. Wix for Web Designers While Wix puts Flash design power in the hands of the masses, it also enhances the ability of web designers to create sites on Wix — allowing them to expand their Flash design offerings.
Avishai Abrahami, Co-CEO, Wix noted, ”Designers can now design in Flash even if they are not experts in this area. In addition, web designers have responded very favorably to the flexibility of designing on Wix. As such, we have developed a number of new design features that appeal to this audience — giving them more avenues for creativity in their designs. Wix also gives them a way to concentrate on design and expression instead of coding and complex HTML tagging.”
Consumers can also enjoy the benefit of designing their own unique web content with this upgrade. Mr. Abrahami commented, ”There are significant limitations in designing your own blogs and web content, as well as customizing your MySpace page. The same old templates offer only so much. With the premium version of Wix, consumers can create a web site, widget, or MySpace page that is completely original and looks stunning.”
Wix is a New York City and Tel Aviv located provider of an authoring platform that allows users to create striking and easy-to-build web content in flash, such as web sites, widgets, blogs, and publish it anywhere online. Users can create content without coding in flash/html or being constrained by templates. At the heart of the product is the Drag and Drop editor that allows users to pull in any content from the web or from their own media files, such as video, audio, animation, and text, and create web content.
To learn more, please visit: www.wix.com.
About The Author TheHostingNews.com is your premiere source of daily web hosting news and source for finding web hosting industry information. Read more from this authorRelated posts:
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