|Description||The company behind Wordpress.com|
|Lean Domain Search, 7/2013|
|After the Deadline, 9/2009|
|Buddy Press, 3/2008|
|Series A, 10/2005 |
|Series B, 1/2008 |
New York Times
|Secondary Market Transaction, 5/2013 ||$51.7M|
|Secondary Market Transaction, 9/2013 |
Tiger Global Management
Automattic is the company behind WordPress.com and WordPress.com VIP, the cloud version of WordPress. Automattic hosts and supports all WordPress.com sites ensuring that there is continuous and strategic development of the software available to its users.
WordPress.com is the simplest, most secure way to start web-publishing immediately on the open source WordPress platform. On WordPress.com, users can publish for free and then have the choice to pay for more premium features.
Automattic also supports WordPress.com VIP, a premium service designed for large-scale enterprises. WordPress.com VIP combines the benefits of WordPress.com and the ability to run custom code. In addition, WordPress.com VIP offers companies a robust CMS and 24/7 service.
Automattic was founded in 2005 by Matt Mullenweg and has raised $30.6 million in Series A and B funding from investors including True Ventures, Polaris Venture Partners, The New York Times, and others. In May 2013, Tiger Global invested $50 million in a purchase of stock from early Automattic investors. In September of 2013, Tiger led an additional $75 million secondary purchase.