Duda Raises $50M in Series D Funding
- Duda, a Palo Alto, Calif.-based professional website builder for digital agencies and SaaS companies, raised $50m in Series D financing
- The round, which brought the total raised by the company to $100m, was led by Claridge IL with participation from existing investors
- In conjunction with the funding, Rami Hadar, a Managing Partner at Claridge IL, will join Duda’s Board
- The company intends to use the funds to develop new products and features, and expand investments across all departments, including R&D, sales, and marketing
- The company is a website development platform created specifically for web professionals that build websites for small business customers
- Since launching in 2010, one million sites have been published on the white-label platform
