Addition Leads Funding for Website Builder Universe

Universe, a four-year old developer of software that gives creators and small businesses drag-and-drop design tools, raised $30 million last month in a Series B round led by Addition, the venture fund led by former Tiger Global Management partner Lee Fixel. Existing investors including GV, formerly known as Google Ventures, also participated. The startup says 500,000 creators and small business owners have used its sites within the last month. News of the funding has not been previously reported.