ImpressPages receives a 200K-euro investment
Lithuanian startup ImpressPages CMS has raised their first external investment of 200.000 euros from the venture capital company Practica Capital. The startup team created open source web content management system (CMS) software with a full drag-and-drop interface, which even non-techies get a handle on.
Founded last month, the small team of three developers and a designer released the first version of their free software back in 2009. “We believe in open source,” co-founder Audrius Jankauskas told inventures.eu. “We use open source products and we give our tools back to the community for free.”
The guys at ImpresssPages plan on using the investment for expanding their system functions and attracting more customers. They currently have more than 42.000 registered users with a target market of freelance web designers and web agencies, said Jankauskas. The team also want to use the investment to develop a new product, the ImpressPages Marketplace, where customers can sell their developed ImpressPages plugins. The feature will be accessible on the startup’s website so users can directly implement the additional tools on to their pages.
“We are taking it to the next level as a full-scale business, not just as a product,” said Jankauskas. “Our time and efforts we’ve spent to build ImpressPages are starting to pay off.”
ImpressPages has received attention for its product before, having been awarded as the most promising open source project at the 2011 Open Source Awards. Their current users are from the US, Great Britain, Germany, India, Japan, Russia, France and the Netherlands. The content management system is available in 32 languages.