Squarespace Raises $40M in Series B Funding Led by General Atlantic
Squarespace, the popular website-building platform for individuals and small businesses, has announced a $40 million Series B investment round. The funding was led exclusively by growth equity firm General Atlantic, with Managing Director Anton Levy joining Squarespace’s board of directors.
Key Highlights of the Funding Round
- Investment Amount: $40 million (Series B)
- Lead Investor: General Atlantic
- Board Addition: Anton Levy (General Atlantic MD)
- Previous Funding: $38.5 million Series A in 2010
Strategic Growth Plans
Founder and CEO Anthony Casalena emphasized the company’s ambitious vision in the official release:
“This partnership with General Atlantic signals the scaling of our ambition – we will improve the overall Squarespace experience, make it available to more people around the world, and demonstrate a commitment to products that go beyond websites and online stores.”
Company Snapshot
- Founded: 2003
- Customer Base: Hundreds of thousands of users
- Websites Created: Millions
- Workforce: 285 employees globally
This latest funding round positions Squarespace for accelerated international expansion and product innovation, building on its decade-long success in the website-building market.
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