San Francisco California based Automattic Inc. is raising $80,688,880.00 in New Equity Investment.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Automattic Inc. is raising $80,688,880.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Matt Mullenweg played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Automattic Inc.
Automattic wants to make the web a better place. Our family includes Jetpack, WooCommerce, Longreads, WordPress.com, and more. With WordPress.com, you can create beautiful websites and blogs for free and enhance those sites with our premium services. A fully distributed company, Automattic celebrating ten years in 2015 has over 500 staff in more than 50 countries.
To learn more about Automattic Inc., visit http://automattic.com/
Contact:
Matt Mullenweg, Chief Executive Officer
877-273-3049
https://www.linkedin.com/in/mattm/
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