Posts Tagged ‘Squarespace’

Squarespace Gets $38M to Compete With WordPress and Six Apart

Wednesday, July 14th, 2010

Hmmm, this seems to contradict those stories that claim that blogging is on its way out …

Squarespace, a hosted content service that competes with companies such as WordPress (see disclosure below) has closed a $38-million financing round from two leading technology VCs — Accel Partners and Index Ventures — that will give the seven-year-old company a significant warchest and some substantial backing in the battle for digital-publishing market share. Representatives from both venture funds will join Squarespace’s newly created board of directors, along with Jonathan Klein, the founder and CEO of Getty Images.