In March 2012, Wix launched a new HTML5 site builder, replacing the Adobe Flash technology. In June 2011, Wix launched the Facebook store module, making its first step into the social commerce trend. In March 2011, Wix had 8.5 million users and raised US$40 million in Series D funding, bringing its total funding to that date to US$61 million. īy April 2010 Wix had 3.5 million users and raised US$10 million in Series C funding provided by Benchmark Capital and existing investors Bessemer Venture Partners and Mangrove Capital Partners. The company entered an open beta phase in 2007 using a platform based on Adobe Flash. Headquartered in Tel Aviv, Wix was backed by investors Insight Venture Partners, Mangrove Capital Partners, Bessemer Venture Partners, DAG Ventures, and Benchmark Capital. Wix was founded in 2006 by Israeli developers Avishai Abrahami, Nadav Abrahami, and Giora Kaplan. According to W3Techs, Wix is used by 2.3% of the top 10 million websites. The Wix website builder is built on a freemium business model, earning its revenues through premium upgrades. Users can add applications for social media, e-commerce, online marketing, contact forms, e-mail marketing, and community forums to their web sites. Along with its headquarters and other offices in Israel, Wix also has offices in Brazil, Canada, Germany, India, Ireland, Japan, Lithuania, Poland, the Netherlands, the United States, Ukraine, and Singapore. It allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools. ( Hebrew: וויקס.קום) is an Israeli software company, publicly listed in the US, that provides cloud-based web development services. Wix's secondary headquarters, also in Tel Aviv Port, Israel
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