Weebly, which offers easy-to-use tools for building websites, announced today that it has raised $35 million in Series C funding.
The money comes from previous investor Sequoia Capital and from Chinese company Tencent. Weebly CEO David Rusenko told the Wall Street Journal that the round valued his company at $455 million.
“As technology takes over the workplace and impacts the job market on a global scale, we want to be the entrepreneurial springboard that helps everyone bring their idea to life,” Rusenko said in the funding release. “With the support from Sequoia and Tencent, this next phase for us means making Weebly more accessible. We will continue to build an empowering technology platform that helps people turn ideas or passions into scalable businesses.”
The company says it has been used by 20 million people “in every country in the world” to build websites, blogs, and online stores. (I used Weebly to build my personal website.)
Competitor Squarespace announced last week that it had raised a $40 million Series B.