Wix
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- Legal Name: Wix.com Ltd.
- Website: wix.com
- Founded: 2006
- Founder(s): Avishai Abrahami, Nadav Abrahami, Giora Kaplan
- Wikipedia: wikipedia.org/wiki/Wix.com
- Stock Symbol: NASDAQ: WIX
What is Wix?
Wix.com is an Israeli-based software company that offers cloud-based web development services with offices in Brazil, Canada, Germany, India, Ireland, Lithuania, the United States, and Ukraine. Wix offers a solution to create HTML5 and mobile websites with easy drag and drop tools. Wix also allows users to add social plug-ins, e-commerce, online marketing, contact forms, e-mail marketing, and community forums to their websites. The company’s website builder includes both free and premium options.
Wix was founded in 2006 by developers Avishai Abrahami, Nadav Abrahami, and Giora Kaplan. The company was backed by investors Insight Venture Partners, Mangrove Capital Partners, Bessemer Venture Partners, DAG Ventures, and Benchmark Capital. Wix launched its beta phase in 2007 with an Adobe Flash-based platform.
A few years later, in 2009 the company reached 1 million users, and by the April of 2010 3.5 million users and raised $10 million in Series C funding led by Benchmark Capital and existing investors Bessemer Venture Partners and Mangrove Capital Partners. The following year, the company had 8.5 million users and raised $40 million in Series D funding, bringing its total to $61 million.
In 2011, the company became the first to enter the social commerce trend with the launch of its Facebook store module. In 2012, the company introduced an app market to allow users to sell applications built with Wix’s automated web development technology. In 2013, the platform had over 34 million users and decided to file for IPO.
In 2014, Wix launched the WixHive API, allowing Wix apps within a user website to capture and share their visitor data with other installed apps, Wix Hotels, a booking system for hotels, bed, and breakfasts, and vacation rentals that use Wix websites, Wix Music in 2015 a platform for musicians to market and sell their music, and Wix Restaurants in 2016. As of 2020, Wix has over 180 million registered users from 190 different countries.
Recent Wix News
Wix is relaunching a new solution for the hotel industry
Global SaaS platform to create, manage and grow an online presence, Wix announced that the company is relaunching its new ...
Wix and LegalZoom announced a partnership
Global SaaS platform, Wix and LegalZoom announced a partnership to better help small business owners create, manage and grow an ...
Wix introduces Seating Map Builder for Events
Global SaaS platform to create, manage and grow an online presence, Wix releases Seating Map Builder for Wix business owners ...
Wix announces Amazon multi-channel fulfillment app
Global SaaS platform to create, manage and grow an online presence, Wix introduced a new integration with Amazon Multi-Channel Fulfillment. ...
Wix reports financial reports for the fourth quarter and full-year
Global SaaS platform provider to create, manage, and grow an online presence, Wix reported the company's financial results for the ...
Wix introduces Wix Fit for fitness professionals
Global SaaS platform to create, manage and grow an online presence, Wix announced a new solution, Wix Fit. The new ...
Wix now accepts payments with Klarna
Global SaaS platform allowing users to create, manage, and grow their online presence, Wix announced that the company is teaming ...
Wix launches Dine by Wix
Global SaaS platform, Wix, launched its native mobile app for customers to order food and make reservations with any restaurant ...
Wix launches mobile app: Spaces by Wix
Global SaaS platform to create, manage and grow an online presence, Wix announced the launch of Spaces by Wix. The ...
Editor X launches out of beta
Editor X, the advanced web creation platform launched out of beta. The product already has 200,000 users and will be ...
Wix rebrands Corvid as Velo
Wix announced that the company is changing the name of its full-stack development platform allows users to build, manage, and ...
Wix announces partnership with Vodafone
Wix, announced a partnership with Vodafone. According to the announcement, Vodafone's UK business customer will be the first to benefit ...
ICANN announced the top 10 registrars
ICANN announced the top 10 domain name registrars. The report covers May of 2020 and .com namespace. According to the ...
Wix past GoDaddy with strong Q2 results
Wix reported financial results for the second quarter ended June 30, 2020. According to the announcement, the total revenue in ...
Wix partners with Türk Telekom
Wix.com has partnered with a new business partnership with telecommunication and technology service provider, Türk Telekom. With this partnership, Wix ...
Wix websites and registered users increased due to COVID-19
Wix is a website building platform, which allows users to create HTML5 websites and mobile sites through the use of ...