But with an ever-expanding portfolio, they’ll be prepared if and when that day comes.Īnalytical cookies are used to understand how visitors interact with the website. Gravatar: Free service offering digital avatars to use across the webĪlong with the 3 they’ve made so far, the firm expects to add more acquisitions in the coming months.Īutomattic offers a strong rebuttal to the argument that blogging is dead.Simplenote: Synchronized digital note-taking app.Longreads: Online publisher curating the best long-form stories on the web.WooCommerce: Flexible, open-source ecommerce platform.These moves are helping Automattic build beyond WordPressĪutomattic, founded in 2005, was ahead of the curve on trends like remote work, open-source, and freemium pricing strategies.Ĭounting WordPress, the company has a dozen products under its umbrella, including: Acquisitions: The firm scooped Parse.ly, Day One, and Pocket Casts.Hiring: The company has had 371 accepted offers through August.Fundraising: In February, the company raised $288m in a new round.The firm has been growing on all axes in 2021: Just because they haven’t joined the IPO blitz… The buyback offers current and former employees a chance to cash out some of their equity holdings and increases the value of the company’s shares. A long list of tech companies entered the public market in 2021, but Automattic, the parent company behind WordPress, is private and thriving.Įarlier this week, CEO Matt Mullenweg announced the company’s latest move - a $250m share buyback valuing the firm at $7.5B.
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