Automattic secures $29.5m in funding, WordPress creator happy

Automattic, the company behind WordPress.com, founded on the success of blogging platform WordPress (which BloggerTalks incidentally uses) by Matt Mullenweg, have raised another $29.5m in funding, with The New York Times opening its wallet. Matt himself have a post up, calling it Act 2 for Automattic, and takes a look in the rear view mirror as well. As you can see from the mammoth amount of links here – and in Matt’s post, which presents them a little cleaner – there’s a lot of coverage on this already. Good or bad for WordPress users? Probably the former, but the more money involved, the more I want to know what’s going on with my favorite blogging platform of choice.

This The Rag was published on January 23, 2008 at 4:28 am • Did you like it? Subscribe!
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