Automattic

Automattic Inc. is an American global distributed company which was founded in August 2005 and is most notable for WordPress.com (a freemium blogging service), as well as its contributions to WordPress (an open source blogging software). The company's name is a play on founder Matt Mullenweg's first name.

Automattic raised US$617.3 million in six funding rounds. In the last round, in September 2019, the company was valued at US$3 billion.[1]

The company had 1,273 employees as of September 2020.[2] Its remote working culture was the topic of a participative journalism project by Scott Berkun, resulting in the 2013 book The Year Without Pants: WordPress.com and the Future of Work.[3]

On January 11, 2006, it was announced that Toni Schneider would be leaving Yahoo! to become CEO of Automattic. He was previously CEO of Oddpost before it was acquired by Yahoo!, where he had continued as a senior executive.[4][5]

In April 2006, it was revealed, through a Regulation D filing, that Automattic raised approximately $1.1 million in funding,[6] which Mullenweg addressed in his blog. Investors were Polaris Ventures, True Ventures, Radar Partners.

On September 23, 2008, Automattic announced acquiring IntenseDebate.[7] Two months later, on November 15, 2008, Automattic acquired PollDaddy.[8]

The former office of Automattic at 140 Hawthorne Street in San Francisco (in July 2017, since closed)

On September 9, 2010, Automattic gave the WordPress trademark and control over bbPress and BuddyPress to the WordPress Foundation.[9]

On May 19, 2015, Automattic announced the acquisition of WooThemes, including their flagship product WooCommerce.[11]

On November 21, 2016, Automattic, via a subsidiary company (Knock Knock, WHOIS There) managed the launch and later development of the .blog gTLD, becoming domain registrars.[12]

In 2017, Automattic announced that it would close its San Francisco office, which had served as an optional co-working space for its employees alongside similar spaces near Portland, Maine and in Cape Town, South Africa.[13]

On August 12, 2019, Automattic acquired Tumblr from Verizon Media.[15]

On September 19, 2019 Automattic announced a Series D funding round of $300 million from Salesforce, bringing the post-money valuation of the company to $3B.[16]