WordPress Planet | Mark Jaquith: Automattic secures $29.5 million B round | Posted in Automattic, funding, new york times, old media, venture capital by Mark Jaquith on January 23rd, 2008
“Automattic, the company behind WordPress.com, just secured a $29.5 million B round of financing. Congrats to Matt, Toni, and everyone else at Automattic. $29.5 million is a monster round, considering that Automattic has so far grown by sipping daintily on a $1.2 million first round secured in 2006. I can’t wait to see what is next. Really interesting to me is that with this round the New York Times joins their investors. One word for that: adaptation. The line between old media and new media blurs further.”
“You’ve probably seen the news on GigaOM, Automattic has raised a new “series B” round of funding. We’re entering what I consider Act II of the Automattic story. I’ll talk about where we’re going, but first some history.”
My favorite open-source website software just got a booster shot 
Way to go, guys - keep em honest and keep on truckin’!
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