On Air Now

Listen

Listen Live Now » 101.9 FM Central Wisconsin

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
50° Feels Like: 50°
Wind: ESE 8 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Thundershowers 64°

Tonight

Thundershowers 50°

Tomorrow

Isolated Thunderstorms 69°

Alerts

Israel's Wix files registration with SEC for U.S. IPO

TEL AVIV (Reuters) - Wix, a web development and design platform, has submitted a draft registration to the U.S. Securities and Exchange Commission for a possible initial public offering of its ordinary shares.

The proposed offering is expected to begin after the SEC completes its review process, subject to market conditions, the company said on Tuesday.

Israel-based Wix, commercially known as Wix.com, offers web technology that enables online users to customize websites regardless of technical skill or previous knowledge.

Investors include Insight Venture Partners, DAG Ventures, Mangrove Capital Partners, Bessemer Venture Partners and Benchmark Capital.

(Reporting by Tova Cohen)

Comments