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The New York Times invests in WordPress parent company
News is, The New York Times has joined Polaris Ventures, Radar Ventures and True Ventures as an investor in the highly popular cms/blogging software WordPress. Parent company Automattic raised $29.5 million in Series B Funding.
The New York Times has more than 50 blogs in its digital portfolio that run on WordPress, and Automattic CEO Toni Schneider said blog posts from across the Internet could be featured alongside stories on The Times’ Web site.
… the lines between new media and old media blur even more . . .
WordPress creator pulls in $29.5 million
Times Company in Group Investing in Blog Publisher
WordPress Parent Raises $29.5M
| Print article | This entry was posted by Russ on January 23, 2008 at 4:33 pm, and is filed under Blogging, Investor Relations, Newspaper. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
