Squarespace, the seven-year-old web publishing service that helps tens of thousands of users build and host personal and commercial websites as well as blogs, has brought in $38.5 million to continue developing its product.

This first round of outside venture capital was led by Index Ventures and Accel Partners. TechCrunch estimates the company’s value at above $100 million."

After being part of many failed startups, I have to say it feels good to be part of something successful. None of this would have been possible without the contributions of our ENTIRE team. Congrats to the whole team!!

TechCrunch
http://techcrunch.com/2010/07/13/squarespace-raises-38-5-million-from-accel-index-ventures/

New York Times
http://www.nytimes.com/external/venturebeat/2010/07/14/14venturebeat-squarespace-lands-385m-to-expand-its-web-pub-91965.html

Squarespace
http://blog.squarespace.com/blog/2010/7/13/index-ventures-and-accel-partners-invest-in-squarespace.html