Go WordPress! Another $29.5M in VC
OK… I have the flu again and not really in a blogging mood.
I just wanted to say WOOT that WordPress raised another round of funding.
Automattic, the commercial arm of the popular WordPress publishing platform for blogs, has received $29.5 million in financing from four companies, including a small portion from The New York Times Company.
WordPress is open-source software used by bloggers to publish posts. Its chief competitors are Blogger (owned by Google) and TypePad (owned by the software company Six Apart).
Automattic received $1.1 million in financing about two years ago. Polaris Venture Partners, True Ventures and Radar Partners were joined by the Times Company in the second round of financing.
Congrats to the whole team. They’re doing a great job.
I’m probably going to be migrating all my blogs to stand alone WordPress.