Former Seedcamp winner BaseKit raises top-up funding round

Website construction start-up BaseKit has raised a second 2014 funding round, taking its total up to $25 million since it founded in 2008.

BaseKit has now raised $7 million during 2014 after going back to its existing pool of investors for more capital.

Having set up in 2008 to build out a platform for creating websites, BaseKit joins a number of other businesses in the space closing deals.

During the end of 2013 and first half of 2014 Weebly has raised $35 million, Squarespace $40 million and Wix $127 million through an IPO.

BaseKit’s product allows small businesses and designers to build and manage websites using a browser. The business now has a staff of 80 across locations in London, Bristol, Toronto and Sao Paulo.

Juan Lobato, CEO of BaseKit, comments, ‘We are positive about BaseKit’s future. This investment accelerates the creation of our global footprint of partners.

‘It comes at an important time as we are launching our developer community and opening up our platform to web professionals.’

Back in February, the government-backed Angel CoFund united with Eden Ventures, NESTA and Nauta Capital to lead a £4.5 million funding round into BaseKit

More on BaseKit funding rounds:

The new deal coincides with the appointment of former Host Europe Group CEO Thomas Vollrath as a board director.

Vollrath says, ‘Momentum is what attracted me to BaseKit. Hosting providers have to cater to the multiple needs of SMB’s online presence and Basekit meets that need.

‘Many players have chosen to go directly to the end user, however BaseKit has been able to create an international reach, across 26 countries and in 16 languages, through its partnership with hosting providers.’

Hunter Ruthven

Hunter Ruthven

Hunter was the Editor for from 2012 to 2014, before moving on to Caspian Media Ltd to be Editor of Real Business.

Related Topics