Squarespace is a software as a service-based content management system-integrated website builder, blogging platform, hosting service, commerce platform, and domain name registrar. The system allows individuals and businesses to create and maintain websites, blogs, and online stores. The services are only available bundled; they are not available separately. Hosting by Squarespace is mandatory: individuals and businesses cannot host their own Squarespace sites.
Since launching in 2004, Squarespace has grown to a team of 580 employees, and millions of users have created websites on the Squarespace platform.
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History
Squarespace was founded in 2003 and launched in January 2004 by Anthony Casalena while he studied at the University of Maryland, using a $30,000 investment from his father. He created the initial software behind the company after trying and disliking other personal web page platforms. Squarespace was founded to create an all-in-one web publishing solution. On November 17, 2014, Squarespace announced that it acquired Brace.io, a website creation startup powered by cloud tools like Dropbox and Amazon Web Services. The price of the acquisition was not released.
Headquartered in New York City, the company also has offices in Portland, Oregon, and Dublin, Ireland. Of the company's 560-570 employees, 149 work at the Portland office, located in the Spalding Building.
In 2016, Squarespace was ranked #8 on the Forbes Cloud 100 list.
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Industry competitors
Squarespace's primary competitors in the website publishing industry include WordPress, Weebly, Wix.com, GoDaddy, amongst others. Some of these competitors make services such as templates, hosting and domain registration available separately or in partial bundles.
The exact number of Squarespace users is not disclosed, although Casalena estimated in 2014 that Squarespace signs up about 1,000 new customers a day.
Funding
Squarespace is funded by Accel Partners and Index Ventures. The company raised $38.5 million in its Series A round of funding in July, 2010. As part of the financing deal, Squarespace formed a board of directors, to add its three charter members: Jonathan Klein, Andrew Braccia and Dominique Vidal. Casalena remains Squarespace's largest shareholder.
Squarespace raised another $40 million in Series B funding from General Atlantic in April 2014. This is a minority investment. Anton Levy, Managing Director of General Atlantic, will join the Squarespace board of directors.
Awards
- 2012: Listed in Time.com's 50 Best Websites of 2012.
- 2012: Ranked #2 Best Place to Work in New York City by Crain's New York.
- 2013: #45 in the Forbes annual list of America's Most Promising Companies.
- 2013: Awarded a Critics' Choice CMS Award for Best Website Builder by CMS Critic.
- 2014: Won 4 Webby Awards.
- 2014: Named the #3 best medium company to work at in the USA by Fortune.
- 2015: Named the #5 best medium company to work at in the USA by Fortune.
- 2015: Named to Wealthfront's list of Career-Launching Companies.
- 2015: Ranked #7 Best Place to Work in New York City by Crain's New York.
Source of the article : Wikipedia
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