We announced some funding news today – so no need to keep reading those rumor based posts 🙂

Here are the official details from our CEO, Matt Mullenweg:

I’ll start with the big stuff: Automattic is raising $160M, all primary, and it’s the first investment into the company since 2008. This is obviously a lot of money, especially considering everything we’ve done so far has been built on only about $12M of outside capital over the past 8 years.

And a good recap by Liz Gannes and Kara Swisher over on re/code.net.