Spurning purchase offers, Automattic raises round and partners with NYT
Automattic, the company that owns the popular Wordpress blogging software platform, has raised $29.5 million from existing investors and a new partner, the New York Times. Some companies had offered to buy it, founder Matt Mullenweg writes.
The San Francisco company started out as an open source code project at WordPress.org, which provided software that anyone could download and then host on their own server (what VentureBeat currently uses). More recently, it also began offering free… Continue Reading
VentureBeat is back
We launched early yesterday morning, but an overwhelming spike in traffic, a subsequent server crash and no fallback combined to shut down the Web site for a whole day.
We’ve learned some lessons.
1) It is hard to launch a start-up. It is surreal to be on this side of the Internet meltdowns, something we covered smugly in our previous role of employed reporter. I recall how we at SiliconBeat wrote about blog search start-up Sphere… Continue Reading