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Automattic Raises $29.5M Series B Round, New York Times Joins In
Om Malik reported this evening that Automattic raised a $29.5 million Series B venture round led by Polaris Ventures, and including previous investors True Ventures and Radar Ventures. Perhaps the most intriguing part of the news is that the New York Times Company is also joining the round, making a strategic investment in Automattic, who are the creators of the widely used Wordpress blogging platform.
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