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WordPress.com parent Automattic raises $300 million from Salesforce at a $3 billion valuation

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Image Credit: Paul Sawers/VentureBeat

Automattic, the company best known for WordPress.com and its contributions to the open source, non-hosted WordPress alternative, has raised $300 million in a series D round of funding from Salesforce’s venture capital (VC) arm Salesforce Ventures.

This is Automattic’s first outside investment since its $160 million series C round back in 2014, which valued the company at $1.16 billion. Off the back of its latest investment, Automattic said it now has a valuation of $3 billion.

Founded in 2005, Automattic offers a range of tools and services beyond its core WordPress.com offering, including Tumblr, which it bought a few months back, long-form content platform Longreads, note-taking app Simplenote, a drag-and-drop file-sharing platform called CloudUp, a collaborative translation tool called GlotPress, and a survey-creating platform called Crowdsignal (formerly PollDaddy).