Tiger Global invests additional $75M in WordPress

by Curtis Lee Fulton

Founding developer of WordPress Matthew Mullenweg says venture firm Tiger Global has invested an additional $75 million in Automattic, the parent company that makes the blogging software. Tiger’s investment came in the form of a stock buyout of shared owned by previous Automattic investor, Polaris.

Mullenweg says Tiger already invested $50 million in Automattic this May.