Automattic Raises $300M in Series D Funding

Matt Mullenweg
Matt Mullenweg

Automattic Inc., the parent company of web publishing and ecommerce platforms WordPress.com, WooCommerce, Jetpack, and enterprise WordPress VIP, raised $300M in Series D funding.

Salesforce Ventures joined Insight, Tiger Global, and True Ventures as an investor.

The company intends to use the funds to accelerate growth, to scale its businesses and continue its investment in the WordPress ecosystem.

Led by Matt Mullenweg, co-founder of WordPress and CEO of the company, Automattic is the company behind products including WordPress.com, WooCommerce, Jetpack, and enterprise WordPress VIP, recently acquired Tumblr, and ZBS CRM, as well as VaultPress, Akismet, Longreads, Simplenote, Crowdsignal, Cloudup, Happy Tools, and Gravatar.
It is a fully distributed company, with more than 900 employees in 71 countries speaking 89 different languages.

FinSMEs

19/09/2019

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