Squarespace raises $40M from General Atlantic

Squarespace, web design & hosting service, has raised $40M Series B funding round from General Atlantic to grow its design, engineering and infrastructure teams. This brings the total funds raised to $78.5M. In recent months, it debuted apps meant to help artists display their work; services to help store owners sell their goods; and an update meant to make it easier for anyone to create a decent website.


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