Archive for January 29th, 2008

29
Jan

Wordpress secures funding

The parent company of Wordpress, Automattic announced this week that it received $29 million in funding from 4 investors, who will take a minority stake in the company.

This is great news for bloggers, and if you are wondering, Wordpress’s GPL license will not change.

According to Automattic’s founder, Matthew Mullenweg, “Automattic and myself personally will continue to contribute to open source in every way possible. It’s something I feel very strongly about and it’s core to the DNA of our company.”

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