Automattic, the company behind WordPress.com has raised US $300 million in a series D round of funding from Salesforce’s venture capital (VC) arm Salesforce Ventures, reports VentureBeat.
This is Automattic’s first outside investment since its $160 million series C round back in 2014, which valued the company at $1.16 billion. Off the back of its latest investment, Automattic said it now has a valuation of $3 billion.
Via: VB
Image Credit: WordPress