It does seem low. I think all the stock compensation was included in the published amount. According to reports, Weebly raised a Series C in 2014 at $455m/$490m

It does seem low. I think all the stock compensation was included in the published amount. According to reports, Weebly raised a Series C in 2014 at $455m/$490m valuation. Competitor Wix which is public is currently valued at $3.9b on I would guess about 5x the revenues.