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Automattic Raises $300M Series D from Salesforce Ventures at $3B Valuation

WordPress publisher that it has closed a new $300 million Series D, with taking the entire round. 1 The financing puts the 14-year-old company at a post-round valuation of $3 billion, it said. That鈥檚 three times its valuation after its last raise in 2014 (a $160 million led by ).

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In a blog today, CEO and Founder described the investment as 鈥渁 tremendous vote of confidence for Automattic and for the open web.鈥 Mullenweg wrote that he met Salesforce founder earlier this year and that it 鈥渂ecame obvious鈥 to both men that Salesforce and Automattic 鈥渟hared a lot of principles and philosophies.鈥

鈥淗e also helped open my eyes to the incredible traction WordPress has seen in the enterprise market, and how much potential there still is there,鈥 Mullenweg wrote.

He said Automattic will use the new capital to accelerate its roadmap (鈥減erhaps by double鈥) and scale up its existing products 鈥 including , , , , and (in a few days when it closes) .

鈥淚t will also allow us to increase investing our time and energy into the future of the open source and ,鈥 Mullenweg added.

Automattic currently has more than 950 employees working from 71 countries, and has had no central office for several years now.

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  1. Salesforce Ventures is an investor in 附近上门. They have no say in our editorial process. For more, head here.

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