WeddingWire
 | |
| Private | |
| Industry | Computer software |
| Founded | Chevy Chase, Maryland (2006) |
| Headquarters | Chevy Chase, Maryland |
Key people | Timothy Chi, CEO; Lee Wang, COO; Jeff Yeh, CTO; Sonny Ganguly, CMO; Andrew Olek, General Counsel; Mike Beach, CFO |
| Website | www.weddingwire.com |
WeddingWire Inc. operates online marketplaces for the wedding industry in 14 countries, including the US, Canada, Spain, Italy, France, Mexico, and Brazil. The company is dedicated to building innovative tools and resources that simplify the wedding planning process. Engaged couples worldwide have the opportunity to search for local vendors, read newlywed reviews, and use comprehensive planning tools online and on-the-go. Wedding and event vendors have access to purpose-built software tools and advertising solutions to manage and grow their business.
Profile
The company was founded in 2005 by Timothy Chi, who was one of the founding members of Blackboard Inc. (NASDAQ: BBBB) along with Lee Wang, Jeff Yeh, and Sonny Ganguly.[1] Today, WeddingWire is headquartered in Chevy Chase, Maryland with European offices in Barcelona, Spain.
History
On May 1, 2007, WeddingWire publicly launched [2] the first version of its product offering to engaged couples and local wedding vendors
On February 19, 2008, WeddingWire secured a $5.5MM Series A strategic investment round from Martha Stewart Living Omnimedia.[3]
On June 19, 2008, Martha Stewart Living Omnimedia announced they now offer a full suite of online wedding planning tools, powered by WeddingWire.[4]
On July 11, 2011, WeddingWire announced the acquisition of Project Wedding from eHarmony.[5] [6]
On Dec 7, 2011 WeddingWire announced an investment from Southern Capitol Ventures. [7]
On Dec 14th, 2011, Martha Stewart Living Omnimedia announced the sale of their stake in WeddingWire for $11mm to Catalyst Investors. [8]
On Sept 25th, 2012, WeddingWire secured a $25.0MM Series B investment round from Spectrum Equity Investors.[9][10]
On Feb 26th, 2015, WeddingWire announced the acquisition of Wedding Planner, S.L., a Spanish-based company that operates wedding marketplaces in 12 countries, such as Bodas.net. .[11][12]
On June 9, 2015, WeddingWire announced the acquisition of GayWeddings.com,[13][14]
March 16, 2016 They removed the premium appointment scheduler tool. Citing that too few used it and too many had problems with it. https://www.weddingwire.com/vendors/education/updates/i/coming-soon-updates-to-your-premium-weddingwire-account?utm_medium=email&utm_content=B&utm_source=ExactTarget&utm_campaign=account-updates-031416
Awards
- Forbes, America's Most Promising Companies 2014, WeddingWire #60[15]
- Inc Magazine, Inc500/5000, WeddingWire #714[16]
- Ernst & Young, Greater Washington Entrepreneur of the Year 2014, Timothy Chi[17]
See also
References
- ↑ Wedding march
- ↑ Say "I Do" to Online Wedding Planning
- ↑ Martha Stewart Living takes stake in WeddingWire
- ↑ Brides Can Now Plan Their Entire Wedding at marthastewart.com
- ↑ WeddingWire Acquires ProjectWedding
- ↑ WeddingWire buys ProjectWedding.com
- ↑
- ↑ Martha Stewart Living Omnimedia (MSO) Sells Stake in WeddingWire for $11M
- ↑ WeddingWire Gets $25 Million Investment From Spectrum Equity
- ↑ Exclusive: WeddingWire Says “I Do” to $25 Million in Capital
- ↑ WeddingWire Ties the Knot with Spain-based Wedding Planner
- ↑ WeddingWire Acquires Its European Counterpart, Makes Global Push
- ↑ WeddingWire acquires GayWeddings.com
- ↑ WeddingWire expands services to same-sex marriages with second acquisition
- ↑ #60 America's Most Promising Companies
- ↑ WeddingWire is #741 on Inc 500/5000 in 2014
- ↑ 2014 Greater Washington winners