WordPress.com parent Automattic raises $300M Series D at a $3B post-valuation from Salesforce Ventures; founded in 2005, the company contributes to the WordPress open-source project; also offers free and premium hosting, and add-ons for e-commerce, more; Automattic is acquiring Tumblr from Verizon; raised $617M to date, according to Crunchbase.
There are now 34% of the world’s top 10 million websites running on WordPress.
“The problem we’re tying to solve is likely multigenerational. It can take the rest of our lives and we need to pass it on to the generation that comes after to continue to work on it. Hopefully for the rest of humanity, because I can’t imagine a time when humanity cannot benefit from an open, free, connected web,” Mullenweg told me.