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10Web, a startup that automates website hosting and building with AI, announced a $2M funding round for its Automated WordPress Platform from Sierra Ventures and AI Fund
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Jul 06, 2021, 08:00 ET
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NEWARK, Del., July 6, 2021 /PRNewswire/ — 10Web, a startup that automates website hosting and building with AI, announced a $2M funding round for its Automated WordPress Platform from Sierra Ventures and AI Fund.
10Web’s story started back in 2011 when a small team of engineers led by Arto Minasyan established a WordPress plugin company that grew into a successful business with 1M users. This experience helped Arto, a serial entrepreneur and co-founder of Krisp, and his team identify the biggest problems in web development.
"Tens of millions of WordPress websites are built every year, and an average website launch takes 5 weeks! We wanted to bring automation to WordPress development to facilitate and speed up this process," states 10Web’s CEO Tigran Nazaryan.
The 10Web team has identified three fundamental challenges in WordPress web development.
"The first problem is that developing a WordPress website is mostly manual work. The second problem is the low PageSpeed score which leads to bad SEO performance and ineffective ads. Another problem is shared hostings."
10Web offers three solutions to these problems:
"Templatizing a live website is quite difficult to do from a technical perspective as it requires successfully preserving the functionality of web pages with optimization. This is more challenging than optimizing a pure HTML page. The 10Web team’s deep technical expertise has enabled them to ‘crack the code’ for allowing users to effortlessly create high-quality and dynamic sites which is an exciting innovation for anyone looking to easily create a website," said Ben Yu, Managing Partner of Sierra Ventures.
10Web provides premium features at the price of shared hosting. One hosted website costs $10/mo.
"WordPress has become the leading standard for creating websites. We are bullish that 10Web will become the platform of choice for anyone building, hosting, and maintaining those sites," said Perry Wu, General Partner of AI Fund. "10Web has built an innovative, no-code solution utilizing artificial intelligence to automate website porting and creation. They make building a website on WordPress even easier, opening what is already a massive market to a much broader audience."
Offering a comprehensive automated solution for agencies and developers, 10Web has the potential to build a solid foundation for further company growth.
10Web Raises $2M
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