January 23, 2017 | Wix.com Ltd., the popular Israeli DIY website company, entered into an agreement to acquire flok, a Tel Aviv-based customer loyalty and engagement platform. Terms of the acquisition were not disclosed. Since it was founded in 2011 by Ido Gaver and Eran Kirshenboim, flok has raised $19 million. Wix, a leading global software platform for small businesses to operate online with millions of registered users in 190 countries, was founded in 2006 by Giora Kaplan, Avishai Abrahami, and Nadav Abrahami and has raised over $58 million.
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