Automattic Gets $3 Million at $3 Billion Valuation from Salesforce

Automattic reliable closed a Sequence D funding spherical of $three million from one investor, Salesforce Ventures.

Per Automattic founder, Matt Mullenweg, this funding will enable the agency to stop the route and honor the model new roadmap.

For Automattic, the funding will enable us to induce our roadmap (per likelihood by double) and scale up our new merchandise—together with wordpress.com, wordpress VIP, WooCommerce, Jetpack, and (in a pair of days when it closes) Tumblr. This could even enable us to AMPlify investing our time and vitality into the association wherein ahead for the open provide wordpress and Gutenberg.

Greater than the remainder, the funding is a most crucial endorsement of open provide and the wordpress neighborhood. What as soon as started as a working a weblog platform now powers over 35 % of the net, together with orderly endeavor and ecommerce websites.

This vote of confidence proves places wordpress on the trail to conquering the rest of the net, and displays the actual vitality of the platform.

Emily Schiola

Emily Schiola

Emily Schiola is the Editor of Torque. She loves lawful beer, horrifying films, and cats.

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