No-code development platform Webflow raises $140 million at a $2.1 billion valuation

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Summary

• Transform 2021 Webflow, a cloud-based no-code website development and hosting platform used by major enterprises such as Allianz, Rakuten, Zendesk, and Dell, has raised $140 million in a series B round of funding co-led by Accel and Silversmith.
• Going low-code The web has been awash in website-building tools designed for non-coders since its earliest days, and the tools have become increasingly sophisticated, creating a reported $6.5 billion market in the process.
• Design and development teams will pick the platform that lets them build the best web experiences in the fastest and most sustainable way — for the same reason that most enterprises now use tools like spreadsheets, which are arguably under the ‘no-code’ umbrella, for workloads that decades ago were solved with big development teams.” One factor influencing this growth is that every company is now effectively a software company (to varying degrees).