Squarespace Receives $40,000,000 Series B Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=110eac5e-09d6-40b6-b723-0cc8df504ce0
Date
4/16/2014
Company Name
Squarespace
Mailing Address
459 Broadway 5th Floor New York, NY 10013 USA
Company Description
A fully hosted, completely managed environment for creating and maintaining a website, blog or portfolio.
Website
http://www.squarespace.com
Transaction Type
Venture Equity
Transaction Amount
$40,000,000
Transaction Round
Series B
Proceeds Purposes
This capital will be used to continue scaling the company’s engineering, design, and infrastructure teams in pursuit of delivering groundbreaking new products while accelerating global expansion of the Squarespace platform
M&A Terms
Venture Investor