Strikingly raises US$10m in latest round of financing

Shanghai-based Strikingly, a startup for website design and mini-program publishing, said today it has raised US$10 million in the latest round of financing.

The new investment is led by Cathay Capital which says Strikingly has a clear business model and "sees profitability pathway". Strikingly's current investors include Y Combinator and Sinnovation Ventures founded by Lee Kaifu.

Strikingly, known as SXL.cn in China, allows clients to create a website “in 10 minutes” and publish mini-programs on WeChat easily. It boasts three million users in 200 countries and regions, including big names like Google, Alibaba and Uber.

The startup also launched a new cloud-featured function today that allows sales persons to interact with clients in sectors like finance, automotive and manufacturing.