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The website builder and web hosting company Squarespace has managed to raise an additional $300m in their latest round of funding and the firm is now valued at $10 Billion.
The company’s existing backers Accel and General Atlantic participated in this new funding round as well as a number of new backers – including Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T.Rowe Price Associates Inc. and Spruce House also contributed.
In a post on their site, founder and CEO of Squarespace – Anthony Casalena welcomed the new investors that will allow the company to further scale its suite of products, saying: “We’re thrilled to welcome our new investors as we continue scaling our product suite in service of our customers around the world.”
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