Jan 21, 2020

Automattic Set to Raise $300 Million.

WordPress by now is considered to be one of the top platforms for bloggers. If you wish to succeed in the field of blogging you need to make sure that you get yourself established on WordPress. The company 'Automattic' who holds WordPress is all set to raise around $300 million. 

The company Automattic is based in the country San Francisco. Apart from WordPress, it works with other different companies including VaultPress, VideoPress, WooCommerce,and Jetpack.

Automattic has made several acquisitions in the past. The company is said to earn money through subscriptions to tools on its platform. Its latest move to invest is for the purpose of increasing the growth of the company. 

The company has also appointed a new CFO in place known as Mark Davies. 
Read more at seekingalpha.com