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.