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April 16, 2014 02:06 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/Se0FLV10zCo/
WordPress Creator Automattic Seeks $1 Billion Valuation: Report
Who says bloggers don't make any money?
Automattic, which runs the popular blogging service WordPress, is in the market for a new round of funding that would value the company at more than $1 billion, according to Fortune
Automattic is reportedly seeking $100 to $150 million in funding, roughly six months after Tiger Global Management and Iconiq Capital bought out existing Automattic investor Polaris Capital for $75 million in September. The report from Fortune does not specify who Automattic would be raising from. A company spokesperson declined Mashable's request for comment. Read more...
More about Wordpress, Funding, Automattic, Business, and MediaOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/Se0FLV10zCo/
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