Automattic continues its rise

Recode has the official news of a big Automattic fundraise:

The round values the nine-year-old company at $1.16 billion, after the investment, which is its first since it raised $12 million in 2008.

And here’s the official post about it from Matt.

Stay tuned for a lot of exciting news and products coming out of Automattic this year.

Published by

Toni Schneider

ex-CEO at Automattic. Partner at True Ventures. Advisor at Bandcamp, Handshake, Hatch, Madefire, Renovo Motors, and Showyou.

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