Squarespace raises $300M at a staggering $10B valuation

Tech Crunch2021-03-17

Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers includeDragoneer, Tiger Global, D1 Capital Partners, Fidelity ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

671c4a2e
2021-03-17
671c4a2e
Comment
KL123
2021-03-17
KL123
Like my comment :)
Prashant
2021-03-17
Prashant
Like and comment please ??
Jack in the Stock
2021-03-17
Jack in the Stock
There is no stopping SQ!
Chiephang
2021-03-17
Chiephang
Awesome
thesushimao
2021-03-17
thesushimao
Sick

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1156258917?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-17 18:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1156258917","market":"us","top_or_hot":-1,"title":"Squarespace raises $300M at a staggering $10B valuation","media":"Tech Crunch","content":"<div>\n<p>Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation.\nNew backers includeDragoneer, Tiger Global, D1 Capital Partners, Fidelity ...</p>\n\n<a href=\"https://techcrunch.com/2021/03/16/squarespace-raises-300m-at-staggering-10b-valuation/\">Source Link</a>\n\n</div>\n","source":"lsy1615977248280","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Squarespace raises $300M at a staggering $10B valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquarespace raises $300M at a staggering $10B valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 18:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://techcrunch.com/2021/03/16/squarespace-raises-300m-at-staggering-10b-valuation/><strong>Tech Crunch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation.\nNew backers includeDragoneer, Tiger Global, D1 Capital Partners, Fidelity ...</p>\n\n<a href=\"https://techcrunch.com/2021/03/16/squarespace-raises-300m-at-staggering-10b-valuation/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQ","symbol_name":"Block","start_time":0,"source_url":"https://techcrunch.com/2021/03/16/squarespace-raises-300m-at-staggering-10b-valuation/","article_id":"1156258917","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1156258917","pubTimestamp":1615977253,"sourceInfo":{"source_id":"lsy1615977248280","name":"Tech Crunch"},"weMediaInfo":null,"summary":"Squarespace has raised $300 million in a round of funding that values the company at a staggering $1","collect":0,"end_time":0,"defaultTopTitle":"techcrunch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SQ":"Block"},"translate_title":"Squarespace以惊人的10B美元估值筹集了3亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SQ":0.9},"content_text":"Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation.\nNew backers includeDragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House. Existing backers Accel and General Atlantic also participated.\nSquarespace founder & CEO Anthony Casalena said the fresh capital will advance the company’s growth initiatives and help it scale its product suite.\nThe move comes less than two months after the companyfiled confidentiality to go publicvia a direct listing or initial public offering.\nSquarespace, which has helped millions create their own websites, was founded in 2003 and bootstrapped until a$38.5 million Series Ain 2010 that was co-led by Accel and Index Ventures.\nThe online website creation and hosting service — which has now expanded into e-commerce by hosting online stores — then raised another $40 million round in 2014. But it is perhaps best known for itsepic 2017-era $200 million secondary roundthat General Atlantic financed. That round was raised at a $1.5 billion pre-money valuation. That means it has effectively upped its valuation by more than five times in just over three years.\nAt that time, TechCrunch reported that Squarespace was a profitable company, with revenues increasing 50% in the prior year, to about $300 million. Execs are declining to comment on the company’s latest funding round beyonda poston its website.\nNew York City-based Squarespace hasover 1,200 employees spread across its headquarters and offices in Dublin, Ireland; Portland, Oregon; and Los Angeles, California.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":324294736,"gmtCreate":1615993313325,"gmtModify":1704789512490,"author":{"id":"3575803832197830","authorId":"3575803832197830","authorIdStr":"3575803832197830","name":"671c4a2e","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575803832197830"},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324294736","repostId":1156258917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324838426,"gmtCreate":1615981049365,"gmtModify":1704789245167,"author":{"id":"3574927733378333","authorId":"3574927733378333","authorIdStr":"3574927733378333","name":"KL123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574927733378333"},"htmlText":"Like my comment :)","listText":"Like my comment :)","text":"Like my comment :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324838426","repostId":1156258917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324833546,"gmtCreate":1615980896585,"gmtModify":1704789242066,"author":{"id":"3569291088297790","authorId":"3569291088297790","authorIdStr":"3569291088297790","name":"Prashant","avatar":"https://static.itradeup.com/news/3341dda1e5b07a40262f4d419ead3dfc","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569291088297790"},"htmlText":"Like and comment please ??","listText":"Like and comment please ??","text":"Like and comment please ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324833546","repostId":1156258917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324897837,"gmtCreate":1615980604529,"gmtModify":1704789237013,"author":{"id":"3561548364525556","authorId":"3561548364525556","authorIdStr":"3561548364525556","name":"Jack in the Stock","avatar":"https://community-static.tradeup.com/news/ef3c19f727783ca8030d5aab5b19df10","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"idStr":"3561548364525556"},"htmlText":"There is no stopping SQ!&nbsp;","listText":"There is no stopping SQ!&nbsp;","text":"There is no stopping SQ!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324897837","repostId":1156258917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324899289,"gmtCreate":1615980038841,"gmtModify":1704789226232,"author":{"id":"3561985126714462","authorId":"3561985126714462","authorIdStr":"3561985126714462","name":"Chiephang","avatar":"https://static.tigerbbs.com/946bb9a277021b41602c10a2e48fa31b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3561985126714462"},"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324899289","repostId":1156258917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324800162,"gmtCreate":1615979178656,"gmtModify":1704789211478,"author":{"id":"3558500464606684","authorId":"3558500464606684","authorIdStr":"3558500464606684","name":"thesushimao","avatar":"https://static.tigerbbs.com/53952a1b873d03c715d3711a2395a297","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3558500464606684"},"htmlText":"Sick","listText":"Sick","text":"Sick","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324800162","repostId":1156258917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":13,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1156258917"}