SAN FRANCISCO, Sept. 10, 2014 — Wix.com Ltd. (Nasdaq:WIX), a leading global web development platform, announced the opening of its new San Francisco office, which also includes the new Wix Developers Lounge. Already home to over 100 employees from Wix’ support, business development and marketing teams, the San Francisco office recently moved into a 34,000 sq., ft space at 500 Terry A Francois Blvd in Mission Bay to prepare for further growth of the local team.
Part of the new office is designated for the Wix Developers Lounge, a completely free co-working and event space supporting local startups and independent web developers.
With a free six months membership program the Lounge’s goal is to become a home for tech innovators working on technological solutions for small businesses.
“Wix is all about providing advanced technological solutions in the easiest, most accessible way. A core strength of the Wix platform is the Wix App Market, which enables 3rd party developers to create web apps for our users. This enriches the Wix platform with new capabilities while giving the developers access to our 53 million users many of whom are small business owners,” said Avishai Abrahami, Wix Co-founder and CEO. “The San Francisco Developers Lounge is going to take this a step further, for all web developers, whether developing for the Wix platform or not. It will be an offline hub connecting those who create technologies with those who use them.”
The SF Lounge will launch with a 24 hour code lab where teams of developers, entrepreneurs, small businesses, marketers and designers will collaborate to create web apps that address the needs of local businesses. The event will kick off on Friday, September 19th with a networking party, leading directly into the CodeLocal Code Lab. The code lab will include education, mentoring, great food, gifts and giveaways and speakers from Wix.com and Shopify. All teams that complete the 24-hour CodeLocal event will be eligible for 6-months of free access to the new Wix Lounge.
Forward-Looking Statements
This press release contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. Such forward-looking statements may include projections regarding our future performance and may be identified by words like “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek” and similar terms or phrases. The forward-looking statements contained in this press release are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, our ability to grow our user base and premium subscriptions; our ability to maintain and enhance our brand and reputation; our ability to manage the growth of our infrastructure effectively; changes to technologies used in our solutions or in global, national, regional or local economic, business, competitive, market, regulatory and other factors discussed under the heading “Risk Factors” in the our annual report on Form 20-F for the year ended December 31, 2013 filed with the Securities and Exchange Commission on March 20, 2014. Any forward-looking statement made by us in this press release speaks only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise