July 8, 2021 – 12:53 AMT
PanARMENIAN.Net – 10Web, an Armenian 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.
10Web provides premium features at the price of shared hosting. One hosted website costs $10/mo.