automattic

Automattic raises $288m ????, WooCommerce growth continues ????

Earlier this year, Automattic raised $288 million in a funding round that valued the company at $7.5 billion. This impressive valuation was in part due to the growth of WooCommerce, which has seen a boost during the pandemic. With this new investment, Automattic had the opportunity to conduct a $250 million share buy-back. This gave…




automattic

Automattic to Offer .Blog Domains

Automattic announced that it has secured to rights the the .blog top-level domain. It will soon start offering them to customers.

Read more on howtoweb.com






automattic

Tumblr’s next step forward with Automattic CEO Matt Mullenweg

After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once mighty blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure what to do with the property after gobbling it up as part of […]




automattic

Tumblr’s next step forward with Automattic CEO Matt Mullenweg

After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once mighty blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure what to do with the property after gobbling it up as part of […]