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Salesforce Ventures invested $300M in Automattic while Salesforce was building a CMS

Salesforce Ventures invested 0M in Automattic while Salesforce was building a CMS In September, Salesforce Ventures, the venture of arm of Salesforce, announced a hefty $300 million investment in Automattic, the company behind WordPress, the ubiquitous content management system (CMS). At the same time, the company was putting the finishing touches on […]

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Automattic raises $300 million at $3 billion valuation from Salesforce Ventures

Automattic raises 0 million at billion valuation from Salesforce Ventures Automattic, the company behind WordPress.com, WooCommerce and soon Tumblr, has closed a $300 million funding round at a $3 billion post-money valuation. The Series D round has a single investor, Salesforce Ventures. Founding rounds are something special for Automattic . While the […]

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Week in Review: Snapchat beats a dead horse

Week in Review: Snapchat beats a dead horse Hey. This is Week-in-Review, where I give a heavy amount of analysis and/or rambling thoughts on one story while scouring the rest of the hundreds of stories that emerged on TechCrunch this week to surface my favorites for your reading pleasure. Last week, I […]

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What will Tumblr become under the ownership of tech’s only Goldilocks founder?

What will Tumblr become under the ownership of tech’s only Goldilocks founder? This week, Automattic revealed it has signed all the paperwork to acquire Tumblr from Verizon, including its full staff of 200. Tumblr has undergone quite a journey since its headline-grabbing acquisition by Marissa Mayer’s Yahoo in 2013 for $1.1 billion, […]

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Verizon is selling Tumblr to WordPress parent, Automattic

Verizon is selling Tumblr to WordPress parent, Automattic Six years after Yahoo purchased Tumblr for north of $1 billion, its parent corporation is selling the once dominant blogging platform. WordPress owner Automattic Inc. has agreed to take the service off of Verizon’s hands. Terms of the deal are undisclosed, but the number […]

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WordPress management site WP Engine acquires Flywheel as it moves to a $1B valuation and IPO

WordPress management site WP Engine acquires Flywheel as it moves to a B valuation and IPO WordPress now accounts for 34 percent of all websites globally, and today one of the key companies that helps handle the creation and management of some of those WP-hosted sites is getting a little bigger through […]

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WordPress says iOS app bug exposed account tokens to third-parties

WordPress says iOS app bug exposed account tokens to third-parties WordPress said it’s fixed a bug in its iOS app that inadvertently exposed account tokens to third-party sites. In an email to customers seen by TechCrunch, the content management giant said it “uncovered an issue with the WordPress iOS application with how […]

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Rich-text editing platform Tiny raises $4M, launches file management service

Rich-text editing platform Tiny raises M, launches file management service Maybe you’ve never heard about Tiny, but chances are, you’ve used its products. Tiny is the company behind the text editors you’ve likely used in WordPress, Marketo, Zendesk, Atlassian and other products. The company is actually the result of the merger of […]

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New WordPress policy allows it to shut down blogs of Sandy Hook deniers

New WordPress policy allows it to shut down blogs of Sandy Hook deniers WordPress has taken down a handful alt-right blogs, according to several complaints from affected blog owners and readers who claim the sites were removed from WordPress.com, despite not being in violation of the company’s Terms of Service. Some site […]

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WordPress to ditch React library over Facebook patent clause risk

WordPress to ditch React library over Facebook patent clause risk  Automattic, the company behind the popular open source web publishing software WordPress, has said it will be pulling away from using Facebook’s React javaScript library over concerns about a patent clause in Facebook’s open source license.  Read More Source: techCrunch

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