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SynthaSite raises $20 million in funding

Today, I’m proud to announce that Reinet Fund has just invested $20 million into SynthaSite, securing our future and enabling us to continue to build our business model and product offering.  This is a massive vote of confidence in SynthaSite, and we owe it to each and every one of you in our user community.  Our future is bright and, with your support, we will continue to make a difference in the world!

When we began building SynthaSite, we sought to create a company whose product would change the lives of millions of people by giving them a voice online.  We wanted to provide the opportunity for anyone anywhere to build a website that would achieve their unique goals, from starting a small business to showcasing their achievements.

In 2007, we raised $5 million in venture capital and moved our headquarters to San Francisco, keeping a good portion of our technical team in Cape Town, South Africa.  Since then, SynthaSite has grown from just a handful of people to more than 40 individuals in both offices, supporting over one million users.  Our support forum is one of the most active on GetSatisfaction’s network, and our recent “Best of SynthaSite” contest attracted more than 1,000 entrants.  This level of success could only be achieved thanks to the dedication of both our user community and our staff.

I’m unbelievably excited about the future of SynthaSite and look forward to building on our success in helping you and many others reach their potential online.  These past 15 months have just been the beginning…

Thank you for all your support.

Vinny Lingham
Founder and CEO

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35 thoughts on “SynthaSite raises $20 million in funding”

  1. HXrooms

    Great News!! That should give people so much more confidence to keep using the service, and no doubt the feature level and sophistication of the tool will continue to develop.

    It’s nice to know that, as some of the first users of synthasite, that we can say we were there at the start!

    Best of luck to the team for the future.

    Ian
    HXrooms

  2. Don Gilman

    Hi Vinny

    Congratulations on your capital raise. I know it takes alot of effort to get this done. I spent the last year helping to raise money for a company http://www.trmbizability.com. At a certain point they went the private funding route and I have since left to pursue other opportunities.

    I like what you do and appreciate your efforts. I went to use the site last week and developed a simple website in hours….that is incredible. I know many folks that would like to have access to your service.

    Let me know if I can ever help you out in some way.

    Best Regards,

    Don Gilman
    Raleigh, NC

  3. Gill Stanton

    Wonderful news Synthasite,

    I only created my site tonight and have a long way to go to finish it, but I was so impressed with the facilities you have provided to me, a true beginner, that I have emailed to my friends with small businesses to join you.

    This funding will help you, I’m sure, but indirectly it will help a million others who use your excellent service.

    Thank you
    Gill Stanton
    France

  4. Joy Lumsden

    This is great news – so up-beat and encouraging in difficult times. I have become quite despondent because of discouraging news from other online services of various kinds, so it makes my optimism revive to get news like this. I so much enjoy working on my Synthasite sites! All very best wishes to you all for the future of Synthasite!

  7. TJ

    FINALLY! A company that got it right. You have no idea how long I have wondered why nobody entered this space and did it right. I think you have so much potential and I hope this money goes a long way for you guys. You need to beef up your templates but I assume thats all on your roadmap.

    Good luck!

  10. Blanca Garcia

    Congratulations to the entire SynthaSite team on this great news!

    You have a revolutionary product backed up by a very professional and friendly team, and this funding is very well deserved.

    I look forward to continue growing forty-something.com and other projects I have in progress using always SynthaSite.

    Blanca

  12. Pingback: Roping in big bucks: SynthaSite Secures $20 Million in funding from Reinet

  14. Naresh

    Congratulations Vinny and SynthaSite!
    Well done and may SynthaSite grow from strength to strength.
    Even with my limited exposure to SynthaSite, I have developed an affinity to SynthaSite.
    I was amazed and delighted to learn it started in my own home town.
    Thank you for making ownership of personal websites so accessible to the man in the street.
    With SynthaSite, I can see a vision, similar to that of Bill Gates for PC’s, becoming a reality: “Every person will have his/her own website”

  16. Ernst Weinert

    Hi all at SynthaSite!
    I came a long way thanks to your product ,
    Having worked always in the telecomm business and
    now building up a website and communicating with the
    world is something else …very rewarding
    Wish you all the luck !
    Kind Regards
    Ernst Weinert
    Cape Town

  17. Mike Bond

    I’ve just joined and intend to start building my website tomorrow. This sounds like a wonderful service, and I’m very happy for you about the capital that’s just been pumped in. To find a company that allows you to build a website for nothing is little short of incredible. I’m looking forward to a long and happy relationship with you,
    Well done again,
    Mike Bond

  18. tplim

    Congratulations Vinny and SynthaSite Team!

    It’s nice to know this great news! Keep on with your vision, and kwik-solution.com think this funding is very well deserved and indirectly it help million of internet users go online to persuade their dreams. Thank you for your excellent service.

    Regards.
    tplim

  19. Diogenes

    This is great news! all of it! the funding, the possibilities it opens up, and, best of all, to know that this is just the beginning. Onward and upward! May Synthasite continue to grow in quality, service, dedication, and clarity of vision!

    D

  22. brotherbillamis

    Hey,

    Con Grads, and lots of thanks to you Vinny, and all the hidden staff that has helped me from the beginning with my first ever site. I believe in what you stand for, and the opportunity you have given us, little guys, in providing the hosting of our sites, until we can afford to purchase a .com (Domain)I feel everyone at SynthaSite, are honest,ethical, and a blessing!(Not to leave out hard working) I mean that, to all you guys, Excellent Customer Service. You are the company that deserved the funding, and if I could today, I would donate more to ya!

    Thanks all, for the unlimited support, and patients :=)

    brotherbillamis. (Thanks again to all, for holding my hand,and keeping me calm! Just wait til I purchase my domain, next week from you :=)LOL.

  24. lizzie

    This is the best ever website I’ve seen even better than mine!

    For this advertisment I’d do a girl jumping up and down crying because her mum and dad won’t let her go on synthasite and she cryed all day and all night until her parent’s let her go on synthasite I’v made 2 already and I only started yesterday

  26. John

    With that much raised then this site shouldnt have to have things u need to add to your website from other complanies.
    It should already be implemnted. These extra things are some what complicated and not nessesary.

  28. Tuc Hall

    Having virtually no prior experience whatsoever has not hindered me from developing a web presence after retirement.

    Last year, I finally decided to call it quits at work and retire, but still having a fire inside to write, I started searching online for the right provider for my online writings.

    It was a real joy to find Synthasite, with it’s web builder software included that is so easy to use, even for an inexperienced user such as me.

    Thank you so much!

  29. Don / ACE TOWNCAR LLC

    To Vinnie and staff:

    Congratulations to all. All the hard work and dedication has paid off, even in the most trying of times.
    What will pay off even more going forward is your creativity.
    Keeping that alive with the changing environment will pay you dividends unforseen.
    The social, technological, and financial world is changing. Change with it, offer solutions to small business, and personal users alike and your company comes out the winner.

    I’m staying with you and I appreciate your hard work.

  30. Pingback: SynthaSite is on the move - $20mm in new funding | Carel's Conversations - blog

  31. Charles Clarke

    Hello Vinny.
    Well, what can I say, until 2 days ago I had not even heard of Synthasite, now I ask, ‘where have you been all my life?
    I have 3 websites, 2 of them are with BT here in the UK but after building my site with Synthasite they can’t hold a candle to you! I shall now transfer my webpages from http://www.uniquephilippines.org to another website with Synthasite.
    But first, I shall advertise Synthasite on my BT website, there are a lot of people looking for you and I’ll help them find you.
    Brilliant, first class and so easy to use.
    Best Wishes.
    Charlie

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