WordPress Reels in NYT

Apparently The New York Times joined in to infuse $29 million into WordPress’s parent company.

Photo Matt » Act Two

That brings us to today. The New York Times, the flagship of media, is joining our existing investors Polaris, True, and Radar in expanding their minority stake in the company. Automattic is now positioned to execute on our vision of a better web not just in blogging, but expanding our investment in anti-spam, identity, wikis, forums, and more — small, open source pieces, loosely joined with the same approach and philosophy that has brought us this far.

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Published in: on January 23, 2008 at 2:21 pm  Leave a Comment  

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