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There’s nothing Automattic about balancing commercial growth with an open source developer community

The tech industry has made a full 180-degree turn with regard to open source in the 16 years since Matt Mullenweg founded Automattic, the commercial backer of open source CMS, WordPress.

8:04 am PDT • October 19, 2021
There’s nothing Automattic about balancing commercial growth with an open source developer community

Tesorio, a startup that helps businesses aggregate and analyze their cash flow data, today announced that it has raised a $10 million Series A round led by Seattle’s Madrona Venture…

Tesorio raises $10M Series A to help companies track their cash flow

WordPress now accounts for 34 percent of all websites globally, and today one of the key companies that helps handle the creation and management of some of those WP-hosted sites…

WordPress management site WP Engine acquires Flywheel as it moves to a $1B valuation and IPO

While apps continue to grow in popularity as a primary route for people to interface with the digital world, there remains a very significant role for the web, and today,…

WP Engine, a managed WordPress platform, raises $250M from Silver Lake

Holly Maloney McConnell has joined the venture firm General Catalyst Partners as a managing director, operating out of its Boston office. McConnell joins the firm from North Bridge Growth Equity,…

General Catalyst just hired its first female managing director: Holly Maloney McConnell

WP Engine, one of the leading managed WordPress platforms on the market, today announced that it has raised a $20 million follow-on funding round led by North Bridge Venture Partners.…

WP Engine Raises $23M To Continue Its International Expansion, Push For Enterprise Adoption

WP Engine, one of the largest hosting companies that specialize in running WordPress sites, today announced that it has raised $15 million in funding from North Bridge Growth Equity. The…

WP Engine Raises $15M From North Bridge Growth Equity To Invest In Product Development, Accelerate Growth

WP Engine, a powerful hosted WordPress platform for existing WordPress.org users, has raised $1.2 million in new funding led by Silverton Partners with angels Eric Ries, Loic Le Meur, Dharmesh…

Silverton, Automattic Put $1.2M Into WordPress Hosting And Security Service WP Engine

When Automattic launched VaultPress, a subscription-based protection, security and backup service for WordPress blogs and sites in March, the company was flooded with requests for the new service. Still in…