Fenwick & West LLP represented Weebly, Inc., the global service that lets everyone create a high-quality site, in its recently announced $35 million Series C financing from Tencent Holdings Ltd. and existing partner Sequoia Capital.
The company will use the new funds to expand into new markets, increase investment in R&D and drive its mission of empowering people to turn ideas or passions into scalable businesses. Weebly will also look to further expand globally, leveraging the Internet service portal’s deep expertise in mobile and enable technologies. More information on Weebly’s $35M Series C financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate partner Bill Schreiber; and corporate associates Beverly See and Mack Healy.