Duda nabs $25M to take on WordPress with a web development platform aimed at agencies
WordPress last week secured its position as a top dog in the world of web development when its parent company Automattic announced a $300 million raise at a $3 billion valuation, just weeks after it snapped up Tumblr from Verizon. But true competition never really ends, and today brings the latest development on that front: Duda, which provides a cloud-based website building platform for developers — in its case targeting potentially non-technical builders at digital agencies and SaaS platforms — is today announcing that it has raised $25 million from a single investor, Susquehanna Growth Equity.
The funding, which brings the Palo Alto-based startup to $50 million raised to date, comes as Duda hits some strong milestones. There have been more than 560,000 websites built on its platform to date from some 6,000 web professionals — a mark of the B2B2C channel that Duda uses to grow (on an average this would work out to around 93 sites per developer or agency).
Itai Sadan, Duda’s co-founder and CEO, said in an interview that the plan will be to use the funding to continue investing in its platform — it has a team of engineers in Israel — as well
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