Automattic
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
$1.1m | Series A | ||
$29.5m | Series B | ||
N/A | Secondary | ||
N/A | - | ||
$51.7m | Secondary | ||
$75.0m | Secondary | ||
$160m Valuation: $1.2b | Series C | ||
$300m Valuation: $2.7b | Series D | ||
N/A | N/A | - | |
$288m Valuation: $2.7b | Late VC | ||
Total Funding | €708m |
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Recent News about Automattic
EditAutomattic Inc. is a technology company that operates in the digital content and software market. The company is primarily known for its development and management of WordPress.com, a popular platform used for creating websites and blogs. Automattic's mission is to make the web a better place, and it does this by providing a range of tools and services for online content creation and management.
The company's primary clients are individuals, businesses, and organizations that need a platform to create and manage their online presence. This includes bloggers, small businesses, large corporations, and non-profit organizations. Automattic's services are used by podcasters, job recruiters, and anyone who needs a platform to share their story or services online.
Automattic operates on a freemium business model. This means that while it offers basic services for free, it also provides premium services for a fee. These premium services include advanced design customization, additional storage space, and business-specific features. The company also generates revenue through advertising on the free version of WordPress.com.
In addition to WordPress.com, Automattic also contributes to a number of non-profit and open source projects. This includes the development of mobile applications for iOS and Android, which allow users to manage their WordPress sites on the go.
In summary, Automattic is a technology company that provides online content creation and management tools. It serves a wide range of clients, operates in the digital content and software market, and generates revenue through a freemium business model and advertising.
Keywords: Technology, WordPress.com, Content Creation, Software, Freemium, Advertising, Mobile Applications, Open Source, Non-Profit, Digital Market.