Automattic, the parent company of popular blog-hosting and publishing platform WordPress, has raised a funding round of $160 million to help it develop better online and mobile tools for publishing, a round that values the company at over $1 billion
After eight years on the job, Automattic CEO Toni Schneider will switch positions with founder Matt Mullenweg.
Yahoo needs an open platform to build its future on. Whether Tumblr will turn out to be the right platform, and whether its long-term potential is worth $1.1 billion now are obviously important questions. But I don’t think they’re what drove the deal.
WordPress is going to curate more content and may focus on longform writing and even native advertising, CEO Matt Mullenweg said in a panel at SXSW Saturday.
Last year at Roadmap we talked to folks such as Jack Dorsey, Matt Mullenweg, Drew Houston, Brian Chesky and others about how connectedness changes everything. Here are some videos to watch ahead of RoadMap 2012 which features the likes of Ev Williams and Kevin Systrom.
During a Q&A with former rival Anil Dash at paidContent 2012, WordPress founder Matt Mullenweg acknowledged the blogging platform’s complexities and revealed he has been working on a “radically simplified” WordPress. You can see the full video here.
Matt Mullenweg, the founder of Wordpress and Automattic, said at paidContent 2012 that the service is preparing for a significant change of direction — by releasing a much simpler version designed to work on mobile.
paidContent 2012: At the Crossroads is today at The TimesCenter in New York. Hundreds of media, entertainment, info and tech execs will be there in person to talk about the best ways to make content pay. You can join us via our livestream.
paidContent 2012: At the Crossroads is only a day away — with a line up of Q&A, on-target sessions, new research and lots of time for networking with key decision makers.
“Content” is an industry that is going through a renaissance.Despite the current challenges and there are opportunities. All these threats and opportunities will be part of the discourse at paidContent 2012, which will be held on May 23, 2012, at the TimesCenter in New York City.