WordPress.com Raises $29.5M
It was only a few years ago that Matt Mullenweg started fiddling about with Wordpress, the popular open source blogging platform, from his bedroom in Houston.
Now, according to Om Malik, his company Automattic has raised $29.5m in series B funding from a number of investors - including the New York Times.
On his blog, Mullenweg says that this is act two for the business: "Automattic is now positioned to execute on our vision of a better web not just in blogging, but expanding our investment in anti-spam, identity, wikis, forums, and more -- small, open source pieces, loosely joined with the same approach and philosophy that has brought us this far."
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