Designers’ Web Creation Platform Webydo Raises $5m From Singulariteam | Reuters

Designers Web Creation Platform Webydo Raises $5m From Singulariteam

Webydo, The B2B Platform For Professional Code-Free Web Design, Closes B1 Round with $5 Million From Singulariteam, Leading to a Total of $13 Million in Funding

Webydo (http://www.webydo.com/), a cloud-based web design platform for designers, announced that it has added another $5 million to close its B1 round of funding at $13.8 million. The new funding comes from Singulariteam Ltd, which previously invested in leading companies such as StoreDot and InfinityAR. The fund is headed by Moshe Hogeg, the founder of Yo and Mobli.

Webydo, made by designers for designers, 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.

In a radically democratic process, Webydos features are determined by its growing community of designers. More than 140,000 web design agencies, design studios, and freelance designers already joined Webydo and thousands of new designers are joining every week. Following the requests of its designer community, Webydo released new features such as the Pixel-Perfect Responsive Editor, Code-Free Parallax Scrolling Animator, History Revisions, and many other cutting edge features.

Designers are the future of web creation, said Shmulik Grizim, Co-Founder and CEO of Webydo. In order to gain market leadership and create a better designed web for us all, designers must have their own tools. Were thrilled to use this funding to implement all the features our designer community has requested. Were 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.

Webydo is a company that dreams big and aims to lead the worlds growing web designer community, said Moshe Hogeg, CEO of Singulariteam. Singulariteams latest funding will empower Webydo to become the number one code-free web design platform for professionals, and change the way websites are created.



About Webydo:

Webydo is a community-led platform offering professional cloud software for graphic and web designers in a B2B SaaS model. Using Webydo, designers can create, manage, and host pixel-perfect responsive websites for their clients with custom-tailored design and built-in CMS, without writing one line of code or hiring developers.

About Singulariteam:

Singulariteam is a private investment fund that assists advanced-technology companies grow and develop by providing capital and additional services. Singulariteam acts as a super angel investor, focusing on advanced, disruptive technologies, in the fields of artificial intelligence, robotics, augmented reality, virtual reality and other industry-leading technologies. The fund was founded in 2012 and is headquartered in Tel Aviv with four global offices.



Webydo Media Contact:

Blonde 2.0 for Webydo

Jonah Balfour, +972- 54-617-5584 (Cell)

[email protected]

http://www.reuters.com/article/2015/05/11/ny-webydo-idUSnBw115900a+100+BSW20150511

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