The New York Times reports that Automattic, the commercial arm of the popular WordPress publishing platform for blogs, has received $29.5 million in financing from four companies, including a small portion from The New York Times Company.
The additional funds would provide the company with a buffer as it invests in other services, including an antispam filter and an online-identity product.
Originally posted on January 23, 2008 @ 12:47 pm
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