Our favorite blogging CMS, WordPress, has received a whopping $29.5 million as funding from four companies, to buffer as it invests in other services, including an antispam filter and an online-identity product. These companies did not reveal the size of each firm’s investment, although The New York Times Company’s stake is the smallest one.
The Times Company had previously maintained a business relationship with Automattic, the commercial arm of the popular WordPress publishing platform. The About.com guide site, which was purchased by the Times Company in 2005, is published using the WordPress platform. The New York Times has also produced more than 50 blogs using the platform.
I am really proud to be a WordPress user and so are many other bloggers around the world. What about you?