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

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

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