homepage Welcome to WebmasterWorld Guest from 54.205.247.203
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Become a Pro Member
Home / Forums Index / Code, Content, and Presentation / WordPress
Forum Library, Charter, Moderators: lorax & rogerd

WordPress Forum

    
Automattic, WordPress Developer, Raises $160 Million
engine




msg:4668636
 3:39 pm on May 5, 2014 (gmt 0)

Automattic, the company behind WordPress.com and other Web publishing tools, has raised $160 million from investors, including Insight Venture Partners, CEO Matt Mullenweg confirmed.

The round values the nine-year-old company at $1.16 billion, after the investment, which is its first since it raised $12 million in 2008.

According to a blog post by Mullenweg, the round was led by Insight Venture Partners, as well as other new investors Chris Sacca and Endurance. In addition, longtime backer True Ventures has created a “special vehicle” to increase its investment and existing secondary investors, Tiger Global Management and Iconiq, also participated.Automattic, WordPress Developer, Raises $160 Million [recode.net]

 

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / Code, Content, and Presentation / WordPress
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved