Automattic just closed a Series D (opens in a new tab) funding round of $3 million from one investor, Salesforce Ventures.
According to Automattic founder (opens in a new tab), Matt Mullenweg, this investment will allow the company to stay the course and honor the current roadmap.
For Automattic, the funding will allow us to accelerate our roadmap (perhaps by double) and scale up our existing products—including WordPress.com (opens in a new tab), WordPress VIP (opens in a new tab), WooCommerce (opens in a new tab), Jetpack (opens in a new tab), and (in a few days when it closes) Tumblr (opens in a new tab). It will also allow us to increase investing our time and energy into the future of the open source WordPress (opens in a new tab) and Gutenberg (opens in a new tab).
More than anything, the funding is a huge endorsement of open source and the WordPress community. What once began as a blogging platform now powers over 35 percent of the web, including large enterprise and ecommerce sites.
This vote of confidence proves puts WordPress on the path to conquering the rest of the web, and shows the true power of the platform.
Emily Schiola (opens in a new tab)
Emily Schiola is the Editor of Torque. She loves good beer, bad movies, and cats.
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