Framer hits $2 billion valuation in latest funding round

Website design platform Framer said on Thursday it had notched a valuation of $2 billion while raising $100 million in its latest funding round.

The series D round, led by current investors Meritech and Atomico, highlights venture capitalists’ optimism in software startups that help companies build professional websites with minimal developer involvement.

Optimism around potential U.S. interest rate cuts and a strong equities market has also encouraged capital flows back into growth-stage companies, following a long spell of muted startup funding.