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Blog Host Squarespace Secures $38 Mil

  • GigaOm, Wednesday, July 14, 2010 1:14 PM
Hosted content service Squarespace just closed a $38 million round of financing led by Accel Partners and Index Ventures. The 7-year-old company competes directly with WordPress and Six Apart, among other hosted content services. "This is the first financing round for Squarespace, which has mostly flown under the radar compared with some of its more high-profile competitors," notes GigaOm.

"One reason Squarespace doesn't get as much attention as some of the other blog-hosting and content services could be that it doesn't offer a free version." The company's publishing packages, which include hosting, various themes and other services, range from $8-to-50 a month. Clients include communications firm Porter Novelli and ABC News. Meanwhile, the large investment sum suggests to GigaOm that Squarespace plans to go beyond simple blogging services into the broader world of content-management systems.

Read the whole story at GigaOm »

1 comment about "Blog Host Squarespace Secures $38 Mil".
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  1. Jerry Philip, August 25, 2010 at 1:16 a.m.

    Hello,it's a great pleasure to know that somebody taking initiative towards securing hosted content. Competing with Wordpress and Six Apart ,really a challenging task,handled very well by app the skilled persons working in Squarespace.I like the idea of looking at your categories and blogging the most about that – it’s good inspiration. I have been torn between the direction of what my newest site should be focused.
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