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 [...]

Openads to offer hosted ads

Darren over at ProBlogger points to an announcement by free ad managing software, Openads, formerly known as PhpAdsNew. It seems that they’ve secured funding, and plan on offering hosted ad solutions for free. Certainly something for bloggers and online publishers overall to consider, given that managing an Openads installation is pretty time consuming. Openads is [...]