Automattic raises Series D funding

September 19, 2019Client News

Gunderson Dettmer client Automattic, the open source blogging platform and WordPress operator, has announced its $300 million Series D financing. The sole investor of the round was Salesforce Ventures.

In the blog post announcing the funding Automattic founder and CEO Matt Mullenwag said, “The Salesforce funding is a vote of confidence for the future of work. For Automattic, the funding will allow us to accelerate our roadmap (perhabs by double) and scale up our existing products, it will also allow us to increase investing our time and energy into the future of opensource WordPress and Gutenberg.”

The Gunderson Dettmer deal team was led by Scott Dettmer, Michael Irvine and Ryan Purcell and included Neil Toomey, Valerie Wood, Alexander Stillman and Piper Miles-Coccaro.