Squarespace Gets $39 Million for Mysterious Publishing Initiative

Blogging engine Squarespace has just concluded its first external funding round in seven years, garnering $38.5 million in cash from Index Ventures and Accel Partners. The plan is to use it to better "redefine publishing" online. 

Squarespace's founder and lead-programmer Anthony Casalena explains a blog posting that he sees it as critical that companies reinvent themselves "or face extinction." In this case, $39 million will really help Squarespace do a lot of shuffling things around.  

Accel...