Some very exciting news tonight – we announced a $29.5M series B round of funding.
Our CEO Toni Schneider summarizes it well:
Late last year we sat down to figure out how we’d like to expand our business in 2008 and beyond. Since things are working well, we didn’t want to make any major changes. However, we did set a couple of new goals. One was to put enough money in the bank to have financial security for years to come. Another was to invest more aggressively into our “other” products and services (other than WordPress) like Akismet, Gravatar, and bbPress. Today’s financing will help us achieve both of those goals.
You can also track the discussion over on techmeme.