Wix lands $3.5M to give amateurs the power of flash

Flash website builder Wix has brought in $3.5 million in second-round funding from Mangrove Venture Capital and Bessemer Venture Partners. The Israeli company has raised about $8.5 total since its founding in 2006 and hopes to continue developing its drag-and-drop tool that allows even novice web users to build flash sites.

Right now, Wix provides this service for free, but it announced today that it will launch a premium membership package including web hosting and related… Continue Reading