Business

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Armenian 10Web Raises $2M to Automate WordPress Website Building and Hosting
06/07/2021 20:15

Armenian 10Web Raises $2M to Automate WordPress Website Building and Hosting

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, 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:

  1. AI Website Builder. By entering a URL, customers can get a WordPress website with the same design built by AI algorithms without copying a single line of the original site’s code. The resulting website is optimized, responsive, customizable, and hosted on 10Web.
  2. Better PageSpeed score. Websites hosted on 10Web automatically get a 90+ Google PageSpeed score, allowing them to rank higher and improve conversions.
  3. Higher uptime. 10Web’s automated hosting based on Google Cloud infrastructure with 99.99% uptime, automated backups, security scans, fixes, and updates.

“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.

Beeline Armenia - Telecommunication services for your business.
AMD Rates
10:50 23/09 Buy Sell
AMD / USD 482.00 486.00
AMD / EUR 564.00 571.00
AMD / RUR 6.60 6.73
dollars
dollars
CBA Rates
22/09/2021
USD / AMD
484.23
-0.70%
EUR / AMD
567.95
-3.44%
RUR / AMD
6.65
-0.03%
GBP / AMD
660.20
-8.23%
Cryptocurrencies
10:50 23/09
BTC/AMD
20,496,963
+0.63%
BTC/USD
42267.88
+0.63%
ETH/USD
2912.39
+1.81%
BCH/USD
519.99
+1.13%
XRP/USD
0.94
+1.08%
LTC/USD
152.73
+0.98%
ETH/BTC
0.06900808
+0.89%
BCH/BTC
0.01233297
+0.74%
XRP/BTC
0.00002213
+0.36%
LTC/BTC
0.00361838
+0.40%
CBA Metals
22/09/2021
dram / gram
Gold
27625.27
+373.23%
Silver
351.14
-14.78%
Platinum
14571.98
-36.66%
FOREX
09:09 23/09
EUR/USD
1.1705
-0.09%
GBP/USD
1.3641
-0.06%
USD/JPY
109.81
+0.29%
EUR/GBP
0.8579
-0.05%
Oil
09:09 23/09
$ / barrel
Brent
76.38
+1.72%
Light Sweet
72.38
+1.60%
COMEX
09:09 23/09
$ / tr. oz
Gold
1764.30
-0.78%
Silver
22.60
-0.83%
Platinum
993.00
+4.03%
LME / 3M
09:09 23/09
$ / tonne
Aluminium
2906.00
+0.96%
Copper
9246.00
+1.53%
Nickel
19050.00
+0.69%
Tin
35000.00
+2.64%
Lead
2123.00
-2.17%
Zinc
3037.00
+0.56%
Molybdenum
46250.00
+0.00%
Cobalt
53380.00
+0.00%
Indexes
09:09 23/09
point
Dow Jones
34258.32
+1.00%
S&P 500
4395.64
+0.95%
NASDAQ
14896.85
+1.02%
FTSE
7083.37
+1.47%
CAC 40
6637.00
+1.29%
DAX
15506.74
+1.03%
RTSI
1747.31
+2.13%
Nikkei
29639.40
-2.82%
Topix
2043.55
-2.70%
Hang Seng
24221.54
+0.51%
SSEC
3628.49
+0.40%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
7.25
+0.00%
Lombard Repo
Lombard Repo Rate
8.75
+0.00%
Deposit
Deposit Rate
5.75
+0.00%
Macroeconomy
07/2021
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
1,225.7
+2.10%
Export 1
Export
1,641.5
+23.2%
Import 1
Import
2,664.9
+10.6%
CPI
Consumer price index
+6.10
Avg. Salary 2
Average salary
197,881
+5.4%
Services 3
Volume of services
1,025.6
+4.40%
Construction 3
Volume of construction
160.60
+8.80%
1 - mln AMD, 2 - AMD, 3 - bln AMD