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Unquote
  • Early-stage

K Fund in €1m round for Frontity

  • Alessia Argentieri
  • Alessia Argentieri
  • 27 April 2020
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Venture capital house K Fund and Automattic, the parent company of WordPress.com and WooCommerce, have led a €1m funding round for Frontity, which offers an open-source React framework for WordPress.

The round also saw participation from several Spanish business angels.

The company intends to use the fresh financing to improve its framework development, roll out new features and grow the community around its platform by providing more resources to collaborate and learn.

Frontity

  • DEAL:

    Early-stage

  • VALUE:

    €1m

  • LOCATION:

    Madrid

  • SECTOR:

    Software

  • FOUNDED:

    2015

In addition, it plans to cooperate with different WordPress hosting companies to make it easier to deploy Frontity sites on any preferred hosting. The company also intends to develop hosting services, premium support and a marketplace of website themes.

Previous funding
Frontity raised €400,000 in 2018 from K Fund and some private investors, including entrepreneur and business angel David Carrero Fernandez-Baillo.

Company
Founded in 2015 as Worona and rebranded as Frontity in 2018, the company develops an open source software to help build scalable websites with WordPress and React.  

It offers a React framework for WordPress, built and optimised for its CMS, which, according to the company, already powers 36% of all the websites on the internet. Since officially launching this framework in May 2019, it has recorded 12,700 downloads, while more than 250 developers have joined its community. Frontity is based in Madrid.

People
Frontity – Luis Herranz, Pablo Postigo (co-founders).

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