Duda Company Pic
Israeli startup Duda is the professional website builder for digital agencies and SaaS companies. The company has raised $50 million in Series D financing, led by Claridge IL as well as existing investors Susquehanna Growth Equity and Vintage Investment Partners. This is Duda’s largest financing round to date and brings the total raised by the company to $100 million.
Founded in 2009 by Itai Sadan and Amir Glatt, Duda is professional website builder for digital agencies and SaaS companies.
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According to Duda the platform created specifically for the people and companies that earn their living building and supporting websites. Since launching in 2010, one million sites have been created on the white-label Duda platform, and over 17,000 web professionals “trust it enough to put their own name on it.”
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“This is an exciting time for Duda. We have seen our growth significantly accelerate and feel that with this additional financing, we can step on the gas and grow even faster,” said Itai Sadan, Co-Founder and CEO of Duda. “Claridge IL is very much aligned with Duda’s expansion plans and vision for the future, and we are highly confident that their expertise, network, and resources will contribute to our continued global expansion and product development.”
Oded Tal, Claridge IL’s Founding Managing Partner commented, “The company has built an incredible product that is highly regarded by web professionals and operates in a truly massive, high growth market.”
