Flywheel Raises $4 million through a Series A Funding Round


📅 - Flywheel, a WordPress hosting provider, recently announced they have raised $4 million in a Series A funding round, which was led by Five Elms Capital out of Kansas City. The funds will be used for product development.

Originally, Flywheel started in 2012 and they were able to raise $1.2 million in 2014. The initial funding was used to help create an affiliate programs. The company also launched a new feature for their products this week called Organizations. This features offers visibility for team management.
.

Reads: 780 | Category: General | Source: TheHN : The Hosting News

Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!