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Venture Capital News: Automattic Lands $160M in Series C

2014-05-05
SAN FRANCISCO, CA, Automattic has raised a $160 million Series C round from Insight Ventures, True Ventures, Chris Sacca, Endurance, Tiger and Iconiq.
Automattic has raised a $160 million Series C round from Insight Ventures, True Ventures, Chris Sacca, Endurance, Tiger and Iconiq.

Automattic, Inc. is a web development corporation founded in August 2005. It is most notable for WordPress.com (a free blogging service), as well as its contributions to WordPress (open source blogging software). The company's name plays on its founder's first name, Matt.
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