Updated below: WordPress, the blog tool on which all our sites run now (we moved from Movable Type last weekend), has got a cash infusion in its commercial incarnation (the company is called Automattic). It has received investment from “a few select partners who I think are going to bring a lot of value to the business far beyond mere dollars,” as founder Matt Mullenweg (who came through big time for us when we were having troubles in the backend transition) wrote on his blog.
Updated: The official release is out and includes the investors: Polaris Venture Partners led the round and was joined by Blacksmith Capital, CNET and Radar Partners. The funding will be used for product development and service infrastructure purposes.
One of the investors, Mike Hirshland of Polaris, writes on his blog about the financing: among other factos, some high profile switches in the blog platform: “Just to name a few, the list includes the likes of Robert Scoble, Rafat Ali (PaidContent.org), Om Malik (GigaOm), About.com, The New York Times, The Wall Street Journal, and, of course, CNET, who is also investing in Automattic.”
Updated 2: The amount was $1.1 million, according to the SEC filing, picked up by DealFlow here