Leading technology website, TechCrunch, featured OurCrowd portfolio company Webydo. The company provides graphic designers a powerful set of design tools to build and maintain websites with little technical knowledge.
Webydo, a software as a service startup that gives web designers the tools to circumvent a more traditional website creation process by excising the need for them to do any manual coding by automatically converting their design into a hosted HTML5 website, has closed a $7 million Series B funding round.
The round was led by equity-based crowdfunding VC platform OurCrowd, along with Magna Capital Partners and a group of unnamed strategic investors from the US and UK. The new round brings Webydo’s total funding to $9.7 million. The business was founded back in 2010.
Webydo raised $1,292,500 from OurCrowd investors in December 2013.
Read more on TechCrunch here.