Weebly Raises $35M


Weebly, a service that lets users create websites, has raised $35 million in a Series C round of funding. Existing investors Sequoia Capital and Tencent Holdings participated in the round.

The funds will be used to expand into new markets, and increase investment in R&D among other things, says the company.

Over 20 million people around the world have started a site on Weebly, according to numbers released by the company.

[Image courtesy: Weebly]

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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.