Israeli cloud-based web design platform for professionals Webydo has raised $5 million from Singulariteam, the fund led by entrepreneur Moshe Hogeg. Webydo has raised $13.8 million including the latest financing.
Webydo is a B2B website design platform that empowers graphic and web designers to craft, manage, and host pixel-perfect responsive websites for their clients, without writing any code.
The company was founded in 2010 by CEO Shmulik Grizim and Zvika Steinmetz and previous investors include OurCrowd and Magma Venture Partners.
Grizim said, “Designers are the future of web creation. In order to gain market leadership and create a better designed web for us all, designers must have their own tools. We’re thrilled to use this funding to implement all the features our designer community has requested. We’re also collaborating with the award winning digital creative agency Hello Monday to redesign Webydo.com. Together with our community, Webydo is crafting the most ideal work environment for designers."
Hogeg said, “Webydo is a company that dreams big and aims to lead the world’s growing web designer community. Singulariteam’s latest funding will empower Webydo to become the number one code-free web design platform for professionals and change the way websites are created.”
Published by Globes [online], Israel business news - www.globes-online.com - on May 7, 2015
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