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Automattic Stock

Publishing Platforms Developer

Founded

2005

Notable Investors

Salesforce Ventures

Headquarters

San Francisco CA, US

Total Funding

$485M

About Automattic Stock

Automattic is the parent company of WordPress.com and all of its affiliates, which power over 38.5% of websites. WordPress.com is designed to be an easy to use platform to create your own website and publish content on the internet. The platform is open-source and free for all users, who have the option to pay for premium features and plugins, such as ones for ecommerce, data backup, cloud storage, performance improvements, and syndication, among others. Automattic also supports WordPress.com VIP, a premium service designed for large-scale enterprises. WordPress.com VIP takes WordPress.com and adds the ability to incorporate custom web design code. In addition, WordPress.com VIP offers companies a robust content management system and 24/7 support service.

Automattic's plugin offering includes WooCommerce, an open source e-commerce plugin with over 76 million downloads that powers 31% of all online stores. Automattic also sells WordPress plugins, including VaultPress (backup & security), Akismet (spam protection), Crowdsignal (surveys and polls), and many more. The Company additionally contributes to non-profits and open source projects, like P2 Theme, BuddyPress and Wordcamp US. Automattic acquired Tumblr  from Verizon in August 2019.

Automattic was founded in 2005 by Matt Mullenweg and has raised nearly $620 million in funding from investors including True Ventures, Polaris Venture Partners, The New York Times, and others. The Company has more than 960 employees working from 72 countries.

Investors

Funding History

May 2014$160M
September 2019$325M

Management

Chief Executive Officer

Matt Mullenweg

Chief Financial Officer

Mark Davies

Press

Other Companies

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Some data provided by Crunchbase

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