This post on Mashable caught my eye:

After the recent acquisition of Gravatar, surely the company is looking for as high of a valuation as possible, which could be anywhere between $150 million to $300 million right now. Automattic has reportedly raised just over $1 million in funding.

This is one of my favorite companies in the Valley because they continually turn out top shelf software, don’t whore themselves out for attention, and have fundamentally redefined the market they are in.

There are few companies that can catch them so it’s not surprising to think that Automattic could be worth a lot of money, but that should be less headline grabbing than the fact that they did all that with $1.1m in financing. Here’s Toni’s post on the financing they did last year.

Tags: Automattic, WordPress