Automattic Inc., the parent company of web publishing and ecommerce platforms WordPress.com, WooCommerce, Jetpack, and enterprise WordPress VIP, has raised $300M in a Series D investment round from Salesforce Ventures, who joins Insight, Tiger Global, and True Ventures as an investor.
The investment and partnership with Salesforce represents a tremendous vote of confidence in Automattic’s business and the future of the open web.Matt Mullenweg
Matt Mullenweg, co-founder of WordPress and CEO of Automattic, said the funding will help fuel the company’s growth, allowing Automattic to scale its businesses and continue its investment in the growing WordPress ecosystem. WordPress, to which Automattic is a major contributor, now powers more than 34 percent of all sites on the web.
Automattic is a fully distributed company, with no central office and more than 900 employees working from 71 countries.