Automattic raises $160 million

News is out both on our founder Matt Mullenweg’s blog and on Re/code about Automattic’s $160 million fundraising. I’m really excited about what this new capital means for Automattic’s ability to support WordPress. Welcome to new investors including Deven Parekh at Insight, Chris Sacca, and the Endurance team. And thanks to Tiger Global and True Ventures for their continued […]

Welcome, Tiger Global

I’m happy to welcome new investor Tiger Global to the Automattic / family. From Matt’s blog: …there has been a large secondary transaction in Automattic stock, about $50M worth. “Secondary” means that it’s existing stockholders, like the earliest investors or employees, selling stock to another investor versus money going into the company (“primary”). It […]