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On September 19, 2019, Automattic announced a Series D funding round of $300 million from Salesforce, bringing the post-money valuation of the company to $3 billion. On August 16, 2019, Automattic acquired Zero BS CRM and rebranded it a year later to Jetpack CRM. On August 12, 2019, Automattic acquired Tumblr from Verizon Media. On May 21, 2019, Automattic acquired Prospress, which provided a number of popular WooCommerce extensions and tools. On June 21, 2018, Automattic acquired Atavist and its magazine. In 2017, Automattic announced that it would close its San Francisco office, which had served as an optional co-working space for its employees alongside similar spaces near Portland, Maine and in Cape Town, South Africa. On November 21, 2016, Automattic, via a subsidiary company (Knock Knock, WHOIS There) managed the launch and later development of the. On May 19, 2015, Automattic announced the acquisition of WooThemes, including their flagship product WooCommerce. On April 4, 2014, Automattic acquired Longreads. On September 9, 2010, Automattic gave the WordPress trademark and control over bbPress and BuddyPress to the WordPress Foundation. The former office of Automattic at 140 Hawthorne Street in San Francisco (in July 2017, since closed) Two months later, on November 15, 2008, Automattic acquired PollDaddy. On September 23, 2008, Automattic announced acquiring IntenseDebate. On 18 October 2007, Automattic acquired Gravatar. Investors were Polaris Ventures, True Ventures, Radar Partners. In April 2006 Automattic's Regulation D filing showed it had raised approximately $1.1 million in funding, which Mullenweg addressed in his blog. He was previously CEO of Oddpost before it was acquired by Yahoo!, where he had continued as a senior executive. On January 11, 2006, it was announced that Toni Schneider would be leaving Yahoo! to become CEO of Automattic. Its remote working culture was the topic of a participative journalism project by Scott Berkun, resulting in the 2013 book The Year Without Pants: and the Future of Work. The company had 2,002 employees as of March 2022. A subsequent private stock buyback valued the company at US$7.5 billion. The last round of US$288 million was closed in February 2021. The company's name is a play on founder Matt Mullenweg's first name and automatic.Īutomattic raised US$846 million in six funding rounds. is an American global distributed company which was founded in August 2005 and is most notable for (a freemium blogging service), as well as its contributions to WordPress (an open source blogging software).
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