Tiger Management

  • Mullenweg Wants WordPress To Power A Majority Of All Websites

    Mullenweg Wants WordPress To Power A Majority Of All Websites

    Just months after Tiger Global Management paid $50 million for a secondary stake in Automattic, the maker of WordPress.com, the investment management firm has done it again. We learned yesterday that Tiger had made another $60 million investment in the company. Tiger bought the shares from Polaris Partners, who also sold $15 million in shares to Iconiq Capital. Polaris, which has invested… Read More

  • India’s Meru Cabs Launches Smartphone Apps With Emergency Distress Button

    India’s Meru Cabs Launches Smartphone Apps With Emergency Distress Button

    In its smartphone debut, Meru Cabs is targeting a more diverse group of users than just taxi customers: it’s hoping to save people caught in a dangerous situation — a necessary feature in a country where victims are often ignored by the authorities and passers-by. Read More

  • Square Closes That $100 Million Round, Mary Meeker Joins Board

    Square Closes That $100 Million Round, Mary Meeker Joins Board

    It’s official. Jack Dorsey’s Square has joined the billion dollar valuation club. The mobile payments startup closed a $100 million series C led by Kleiner Perkins, a story we broke a few weeks ago. The new round values Square above $1 billion. Tiger Management is also an investor. And Mary Meeker, the former Morgan Stanley Internet analyst who is now a partner at Kleiner, will… Read More