One of Squarespace,wordpress's biggest rivals

Squarespace, one of the biggest rivals in WordPress, a company that provides quick build stations and blog hosting services for individuals and businesses, has just announced a $40 million trillion round of funding. The financing is all from the General Atlantic Growth Equity fund, after the completion of this round of financing, Squarespace's cumulative external financing has reached at least 78 million U.S. dollars. The financing is said to be used for new product development and regional expansion, with a focus on strengthening engineering, design and infrastructure teams.

Almost at the same time, Automattic, the WordPress operator, also said it was looking for a new round of financing of 100 million to 150 million. According to Fortune, the financing makes Automattic's valuation more than 1 billion dollars. To be aware, automattic only last year, just through the two-tier market to raise 50 million U.S. dollars, the investment founder is the famous hedge fund Tiger Global Management, the latter has also bought 60 million dollars worth of old shares. A well-known fund that does not get up early, a total of 110 million dollar bets, enough to become Automattic's best endorsement.

Lenovo's $100 million trillion in funding for the Shopify last September, and the November WiX IPO, seem to be piling into the giants of self-help stations.

At present, these giants in addition to rely on a good user base and flow to bring the ability to change, to a certain extent, is also the important channel for small and medium-sized enterprises to O2O, personal speculation that this is the most valuable part of the self-help station. But the Chinese market environment is very different from abroad (such as corporate site ownership rate is very low, education and sales costs are very high), how to start this market at home, it is a matter worth observing.