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Access here alternative investment news about Square To Buy Website-building Company Weebly For $365m
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Square To Buy Website-building Company Weebly For $365m

by cnet.com posted 11months ago 40 views
The deal is expected to accelerate Square's international expansion. : The cash-and-stock deal will allow small business customers to use both Weebly and Square to easily build professional websites and online stores, the companies said in a statement. The deal is expected to help Square accelerate its international expansion, as nearly 40 percent of its 625,000 paid subscribers are outside the US. Founded in 2007, Weebly has raised $35.7 million in funding from Sequoia Capital, Tencent Holdings, Baseline Ventures, Floodgate, Felicis, Ron Conway and Y Combinator, according to CrunchBase.

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