Tiger invests in Automattic

Tiger Global has recently invested over $50M in Automattic secondary stock purchases. After many years of being backed by a great team of investors who have been with Automattic since the early days – Polaris Partners, True Ventures, Radar Partners, and the New York Times Company – Tiger has joined this illustrious group by purchasing shares from early Automattic investors and employees. Along with the on-going growth of WordPress (now powering over 18% of sites on the internet) and the amazing Automattic team (now over 170 employees), this investment is another milestone in our journey towards building a great company.

It’s noteworthy that Tiger has recently invested in companies like SurveyMonkey and Eventbrite, and before that companies like LinkedIn and Facebook. Those names provide a sense of how far Automattic has come and how we’re poised to enter an exclusive circle of successful software companies that are built to last.

Matt has shared his perspective on this deal on Ma.tt.

Published by

Toni Schneider

Partner at True Ventures. Team lead at Automattic. Advisor at Bandcamp, Handshake, Hatch Baby, Madefire, and Renovo Motors.

19 thoughts on “Tiger invests in Automattic”

  1. That’s quite an interesting move… and I have to say I’m happy to see Automattic stay “indie”, because we need more big indie players on the web🙂

  2. Brilliant. You guys are really doing things right. What a joy to see. I’m going to write up a post about this. You all need to be held up as an alternative model for a new generation of tech startups.

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