Women 2.0 PITCH competition judge Christine Tsai recently announced that 500 Women will invest $1M in 10 companies with women founders this year.
Tag Archive: Moonfruit
A growing high tech startup industry trend has little to do with tech, and a lot to do with togetherness.
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Moonfruit took £1.57M in funding in 2010 from Silicon Valley angels including Dave McClure of 500 Startups.
By Mike Butcher (Writer, TechCrunch)
In the white heat of the current tech market it’s sometimes easy to forget that some companies, although taking their time, simply become viable businesses – instead of waiting for a call from Facebook or Twitter that may never come.
I’ve been covering web site and shop builder Moonfruit for longer than I care to remember (they launched in 2000), but along the way husband and wife team Joe and Wendy Tan White kept on pushing the company until it was one of the most innovative of its kind out there.
Today that hard work is rewarded
From tech giants Cisco and VMware to startups ModCloth and Lynda, married co-founders are everywhere.
Wendy Tan White: “We seeded the company with our own money. I put in $50,000 to start with.”
By Sramana Mitra (Founder, One Million By One Million)
Moonfruit is an on-demand website development platform that allows anyone to develop a website for any purpose in a matter of minutes.
Prior to Moonfruit, Wendy worked at Arthur Andersen as an IT consultant and helped establish Egg. Joe worked as a website developer while finishing college and completed projects for clients such as Disney and Egg.
Wendy Tan White founded the design-led DIY website builder Moonfruit for total design control.
She is on the frontpage of StartupQuote today!
Wendy wrote the popular post Never Been a Better Time for Women Entrepreneurs for Women 2.0 earlier this year.
By Wendy Tan White (Founder & CEO, Moonfruit)
It’s been a great 12 months for our business, taking a $2.25M Series A round from Stephens(US) for international growth, backing from Silicon Valley-based 500 Startups, relaunching Moonfruit to focus on SMB’s who expect better DIY design tools to build better designed websites, record revenues and the Everywoman Entrepreneur of the Year award. There has never been a better time to be a women entrepreneur, get out there and set up your own business!
Women-led firms are the fastest growing sector of new venture creation in the US. The trend is international, in Brazil there are more female than male entrepreneurs and China has created half of the female billionaire entrepreneurs globally a direct result of women’s economic empowerment. I believe there is also growth opportunity for women in the UK. As business owners, women in the UK still have a lot of ground to make up on our American cousins.
Recent statistics have shown that if the UK had the same level of female entrepreneurship as the US, there would be approximately 600,000 extra women-owned businesses, contributing an estimated additional £42 billion to the economy. To put it into perspective, with businesses started by men in the UK too, an extra 150,000 start-ups would be created per year if women were to meet their number of businesses started.