Squarespace launch new version Squarespace 5. Squarespace 5 is now completed with WordPress and Typepad. Screen shots of Squarespace Version 5, Watch Demo Video of this software.

NY-based Squarespace is announcing the launch of version 5 (v5) of their online publishing platform today. Squarespace v5 is a total rewrite of the platform and is "completely different" than previous versions. Squarespace is a hosted publishing platform focusing on blogging similar to Wordpress' hosted version. There's a new user editing interface which allows complete control inside of a Web browser. There are a variety of widgets including search and data collection. The Squarespace team has invested in the backend architecture as well and is using Peer1 in NYC for hosting.

Squarespace is different than most other hosted blogging platforms as there is no free option available. All Squarespace clients pay for their usage and Squarespace Founder Anthony Casalena explains that this is part of the contract between the client and Squarespace. He says that people put their money in and expect a high level of service or will leave. By charging all clients, everyone is treated at the same level and it has helped the team to put their priorities in place. By charging clients for their usage, Squarespace doesn't have to worry about the drop in online advertising fill-rates and pricing. Without a free version, their total users will always be lower than other free services, but their revenue per user should always remain higher.

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