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August 25, 2013 08:04 am GMT
Weebly, the service that lets you, your grandma and anyone else build a website for free, is growing fast. The startup launched out of Y Combinator in 2007 and today hosts over 15 million sites, which together see more than 100 million unique visitors each month. But they also expect this growth to continue, as Weebly co-founder David Rusenko tells us that his company has signed a lease on 36,000-square feet of a historic warehouse in SOMA in downtown San Francisco, which will become its new headquarters. Not only that, but as the anchor tenant of this new space, the company has the option to expand to 50,000-square-feet, which Rusenko says the company plans to do. As a comparison, Weebly’s new office will be nearly five-times the size of its current space in Pac Heights, which is a puny 11,000-square-feet. Besides the fact that the warehouse that will play home to their new headquarters is apparently the “last brick-and-timber warehouse in SOMA to be converted to a more modern setup” — and is where many of the grapes would be shipped from Napa to make wine in San Francisco, Rusenko says — the reason for the move is that Weebly plans to hire hundreds of new employees and it’s going to need somewhere to put them. Weebly plans to move into the new space sometime in early 2014 and over the next year-and-a-half plans to grow to up to 600 employees globally — most of whom will be located in San Francisco, the co-founder tells us. When Weebly moved into their current offices in 2011, the company was just 19 employees, a team which today has grown to 80. Yes, that means beginning soon Weebly is going to begin a long-term push that will add over 500 people to its staff, many of whom will be engineers and designers. When asked how Weebly is making this possible, the co-founder says that the company has been profitable from day one and is backed by VCs like Sequoia, so that help build confidence among potential recruits that the company is actually going to be around in a year. It sounds a lot like Dropbox’s big move and growth spurt in 2011, doesn’t it? But how does it plan to pay for all that? Although the company won’t share specifics on its financial performance or how much it raised from Sequoia (and only
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OLD0kxb30R8/
As Wix Heads Toward IPO, Weebly Looks To Expand With Big New SF Headquarters, Plans To Add 500Plus Employees
Weebly, the service that lets you, your grandma and anyone else build a website for free, is growing fast. The startup launched out of Y Combinator in 2007 and today hosts over 15 million sites, which together see more than 100 million unique visitors each month. But they also expect this growth to continue, as Weebly co-founder David Rusenko tells us that his company has signed a lease on 36,000-square feet of a historic warehouse in SOMA in downtown San Francisco, which will become its new headquarters. Not only that, but as the anchor tenant of this new space, the company has the option to expand to 50,000-square-feet, which Rusenko says the company plans to do. As a comparison, Weebly’s new office will be nearly five-times the size of its current space in Pac Heights, which is a puny 11,000-square-feet. Besides the fact that the warehouse that will play home to their new headquarters is apparently the “last brick-and-timber warehouse in SOMA to be converted to a more modern setup” — and is where many of the grapes would be shipped from Napa to make wine in San Francisco, Rusenko says — the reason for the move is that Weebly plans to hire hundreds of new employees and it’s going to need somewhere to put them. Weebly plans to move into the new space sometime in early 2014 and over the next year-and-a-half plans to grow to up to 600 employees globally — most of whom will be located in San Francisco, the co-founder tells us. When Weebly moved into their current offices in 2011, the company was just 19 employees, a team which today has grown to 80. Yes, that means beginning soon Weebly is going to begin a long-term push that will add over 500 people to its staff, many of whom will be engineers and designers. When asked how Weebly is making this possible, the co-founder says that the company has been profitable from day one and is backed by VCs like Sequoia, so that help build confidence among potential recruits that the company is actually going to be around in a year. It sounds a lot like Dropbox’s big move and growth spurt in 2011, doesn’t it? But how does it plan to pay for all that? Although the company won’t share specifics on its financial performance or how much it raised from Sequoia (and onlyOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/OLD0kxb30R8/
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