Vev Acquires TIME's SITES, Gains Marc Benioff as Investor in $7M Expansion Drive

February 25, 2025
Vev Acquires TIME's SITES, Gains Marc Benioff as Investor in $7M Expansion Drive
  • Jessica Sibley, CEO of TIME, remarked that Vev is the perfect partner for TIME Sites due to their mutual commitment to innovation in digital storytelling.

  • Vev has successfully raised $7 million in funding and currently employs a team of 33 staff across six countries.

  • Founded in 2017 by Tine Karlsen and Nicolay Thafvelin, Vev enables organizations to create interactive content and websites without extensive coding, significantly reducing costs and time-to-market by up to 90%.

  • SITES, which was acquired by TIME in 2022, assists business users in quickly creating personalized customer experiences.

  • Vev, a Norwegian no-code design platform, has acquired TIME's website builder, now rebranded as SITES, which enhances its offerings in digital content creation.

  • As part of the acquisition deal, Marc Benioff, CEO of Salesforce and owner of TIME, has acquired a stake in Vev.

  • Following the acquisition, Kristina Valkanoff from SITES will join Vev as the Country Manager for the U.S., spearheading expansion efforts.

  • Vev serves a diverse clientele, including LIDL U.S., Schibsted, Politico Studio, and Pfizer, and boasts a global customer base that spans 40 countries.

  • Tine Karlsen, CEO of Vev, emphasized that Benioff's investment will significantly bolster their growth, particularly in the U.S. market, while enhancing their digital storytelling capabilities.

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