New York Knicks: Squarespace to sponsor jerseys

The New York Knicks will wear the logo of website publishing platform Squarespace on their jerseys this season, the team announced Tuesday.

Terms were not disclosed by the Knicks, who became the 17th NBA team to sign a deal to wear an advertising patch on their jerseys.

Squarespace, which was founded in 2003, is based in New York and reached $100 million in revenue in 2015. It has raised nearly $80 million from investors in the last seven years, according to ESPN.

The logo will begin appearing on Knicks jerseys for Friday night's preseason game against the Washington Wizards.