Israeli Start-up Wix to Make $75 Million IPO in the U.S.

The website-creation software start-up, which is expected to be worth up to half a billion dollars after the offering, is the fourth Israeli company to head for Wall Street this year.

Wix, a start-up that makes online tools for creating websites, is planning to raise $75 million in an initial public offering in the United States, making it the fourth Israeli company to begin the process this year.