Tag Archives: Automattic

Automattic forays into the world of ecommerce

Commentary
In a bid to expand into ecommerce, Automattic, the company behind WordPress, has announced its acquisition of WooThemes, the creator of WooCommerce, an ecommerce plugin built on WordPress. The plugin, in effect, turns any website running the WordPress engine into an ecommerce platform. Founded in Cape Town, South Africa, WooThemes is one of the most successful tech startups in the country and its acquisition is likely to spark investor interest in South African startups. According to WooThemes, WooCommerce has amassed 7 million downloads, dominates global ecommerce platforms at 20% market share, and powers roughly 30% of all online stores. For Automattic, the acquisition is an important milestone. The deal gives the company not only access to the largest group of ecommerce stores in the world, but the potential to become a major force in the ecommerce space.

Top 20 Media Deals for November 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $804,000,000 ChinaVision Media Group Alibaba Media Acquisition
2 $500,000,000 Maker Studios The Walt Disney Company Media Acquisition
3 $200,000,000 Pinterest Consortium Media Investment
4 $200,000,000 Mogujie Consortium Media Investment
5 $160,000,000 Automattic Consortium Media Investment
6 $80,000,000 Quora Consortium Media Investment
7 $54,000,000 Doximity Consortium Media Investment
8 $50,000,000 Buzzfeed Andreessen Horowitz Media Investment
9 $50,000,000 Reddit Consortium Media Investment
10 $40,000,000 Imgur Andreessen Horowitz, Reddit Media Investment
11 $40,000,000 Hungama Bessemer Venture Partners, Intel Capital Media Investment
12 $40,000,000 Genius Dan Gilbert, Andreessen Horowitz Media Investment
13 $40,000,000 Pheed Mobli Media Acquisition
14 $39,000,000 Answers Corp. Undisclosed Media Investment
15 $36,000,000 SmartNews Gree Media Investment
16 $34,000,000 Aereo Himalaya Capital Management, Gordon Crawford Media Investment
17 $30,000,000 CPXi Business Development Corporation of America Media Investment
18 $30,000,000 Rong360 Sequoia Capital China Media Investment
19 $25,000,000 Path Consortium Media Investment
20 $25,000,000 Trustpilot Consortium Media Investment

More information

  1. Alibaba Pays $804M To Take Majority Stake In TV And Movie Producer ChinaVision (TechCrunch)
  2. It’s Official: Disney Acquires Maker Studios For At Least $500M (TechCrunch)
  3. Social bulletin board Pinterest raises $200M with a $5B valuation (updated) (VentureBeat)
  4. Social Shopping Platform Mogujie Raises $200 million Funding at a Valuation of $1 billion (TechNode)
  5. Automattic Raises $160M in Series C Funding (FinSMEs)
  6. Quora collects $80 million in funding (CNET)
  7. Doximity Closes $54M Series C Financing (FinSMEs)
  8. Hope you’re having a good weekend. BuzzFeed certainly is, with $50M in A16Z money (Venture Beat)
  9. Reddit Plans Its Own Cryptocurrency To Give Back To Its Users After $50 Million Raise (TechCrunch)
  10. Imgur, the startup that doesn’t need funding, closes $40M from Reddit & Andreessen Horowitz (VentureBeat)
  11. Hungama raises $40M led by Bessemer Venture Partners (VC Circle)
  12. Rap Genius Raises $40M, Changes Name To Genius, Launches Embeddable Annotations (TechCrunch)
  13. Launch To Exit In 18 Months: Pheed Acquired For $40M (FinSMEs)
  14. Answers Corp. group raises $39 million for new fund (St.Louis Biz Journal)
  15. Gree leads $36M investment in Japan’s SmartNews (Tech In Asia)
  16. Aereo Raises $34 Million in Funding to Expand Online-TV Service (Bloomberg)
  17. CPXi Closes $30M Funding (FinSMEs)
  18. Sequoia Leads Investment in Rongo360’s Series B Financing (Asia) (EMPEA)
  19. Path Closes $25M Series C Funding Round (FinSMEs)
  20. Trustpilot Raises $25M in Series C Financing (FinSMEs)

Top 20 Media Deals for September 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $804,000,000 ChinaVision Media Group Alibaba Media Acquisition
2 $500,000,000 Maker Studios The Walt Disney Company Media Acquisition
3 $200,000,000 Pinterest Consortium Media Investment
4 $200,000,000 Mogujie Consortium Media Investment
5 $160,000,000 Automattic Consortium Media Investment
6 $80,000,000 Quora Consortium Media Investment
7 $54,000,000 Doximity Consortium Media Investment
8 $50,000,000 Buzzfeed Andreessen Horowitz Media Investment
9 $40,000,000 Imgur Andreessen Horowitz, Reddit Media Investment
10 $40,000,000 Hungama Bessemer Venture Partners, Intel Capital Media Investment
11 $40,000,000 Genius Dan Gilbert, Andreessen Horowitz Media Investment
12 $40,000,000 Pheed Mobli Media Acquisition
13 $36,000,000 SmartNews Gree Media Investment
14 $34,000,000 Aereo Himalaya Capital Management, Gordon Crawford Media Investment
15 $30,000,000 CPXi Business Development Corporation of America Media Investment
16 $30,000,000 Rong360 Sequoia Capital China Media Investment
17 $25,000,000 Path Consortium Media Investment
18 $25,000,000 Trustpilot Consortium Media Investment
19 $25,000,000 Tastemade Consortium Media Investment
20 $25,000,000 Zealot Consortium Media Investment

More information

  1. Alibaba Pays $804M To Take Majority Stake In TV And Movie Producer ChinaVision (TechCrunch)
  2. It’s Official: Disney Acquires Maker Studios For At Least $500M (TechCrunch)
  3. Social bulletin board Pinterest raises $200M with a $5B valuation (updated) (VentureBeat)
  4. Social Shopping Platform Mogujie Raises $200 million Funding at a Valuation of $1 billion (TechNode)
  5. Automattic Raises $160M in Series C Funding (FinSMEs)
  6. Quora collects $80 million in funding (CNET)
  7. Doximity Closes $54M Series C Financing (FinSMEs)
  8. Hope you’re having a good weekend. BuzzFeed certainly is, with $50M in A16Z money (Venture Beat)
  9. Imgur, the startup that doesn’t need funding, closes $40M from Reddit & Andreessen Horowitz (VentureBeat)
  10. Hungama raises $40M led by Bessemer Venture Partners (VC Circle)
  11. Rap Genius Raises $40M, Changes Name To Genius, Launches Embeddable Annotations (TechCrunch)
  12. Launch To Exit In 18 Months: Pheed Acquired For $40M (FinSMEs)
  13. Gree leads $36M investment in Japan’s SmartNews (Tech In Asia)
  14. Aereo Raises $34 Million in Funding to Expand Online-TV Service (Bloomberg)
  15. CPXi Closes $30M Funding (FinSMEs)
  16. Sequoia Leads Investment in Rongo360’s Series B Financing (Asia) (EMPEA)
  17. Path Closes $25M Series C Funding Round (FinSMEs)
  18. Trustpilot Raises $25M in Series C Financing (FinSMEs)
  19. Tastemade Raises $25M in Series C Funding (FinSMEs)
  20. DANNY ZAPPIN’S NEW VENTURE – ZEALOT NETWORKS, INC – SECURES $25 MILLION IN FUNDING (Zealot)

Top 20 Investments for August 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,200,000,000 Uber Consortium Transactions Investment
2 $1,000,000,000 Flipkart Consortium Ecommerce Investment
3 $475,000,000 Airbnb Consortium Transactions Investment
4 $445,000,000 Rocket Internet PLDT Software & Services Investment
5 $325,000,000 Dropbox Undisclosed Software & Services Investment
6 $256,000,000 PetHub Altivia Ventures Software & Services Investment
7 $250,000,000 Dropbox BlackRock Software & Services Investment
8 $250,000,000 Lyft Consortium Transactions Investment
9 $250,000,000 Campaign Monitor Insight Venture Partners Software & Services Investment
10 $225,000,000 Pure Storage Consortium Software & Services Investment
11 $215,000,000 Tango Alibaba Mobile & Apps Investment
12 $210,000,000 Flipkart Consortium Ecommerce Investment
13 $200,000,000 Pinterest Consortium Media Investment
14 $200,000,000 LY.com Ctrip Transactions Investment
15 $200,000,000 Mogujie Consortium Media Investment
16 $195,000,000 China South City Holdings Tencent Transactions Investment
17 $175,000,000 MediaMath Consortium Marketing Investment
18 $160,000,000 Cloudera Consortium Software & Services Investment
19 $160,000,000 Automattic Consortium Media Investment
20 $157,000,000 Wayfair T. Rowe Price Associates, Julie M.B. Bradley Ecommerce Investment

More information

  1. Uber Closes $1.2BN Financing Round (FinSMEs)
  2. India’s Flipkart Raises $1 Billion, Among The Largest In Single Funding Round In Global E-Commerce (Forbes)
  3. Airbnb closes $475 million funding round (Fortune)
  4. PLDT Invests $445M In Rocket Internet To Develop Online Payment Services For Emerging Markets (TechCrunch)
  5. Dropbox Raises $325M in Funding, SEC Filing Reveals (FinSMEs)
  6. PetHub Receives R$600m Investment (em português) (Lavca.org)
  7. Dropbox Raises $250M; Valued at $10Billion (FinSMEs)
  8. Ride-Sharing Firm Lyft Raises $250 Million, Eyes NYC Expansion (TIME)
  9. Campaign Monitor partners with Insight Venture Partners (Campaign Monitor)
  10. Pure Storage Raises $225 Million at a $3 Billion Valuation (Recode)
  11. Alibaba Sinks $215 Million Into Messaging App Tango, Valuing It At More Than $1 Billion (Forbes)
  12. Flipkart Raises $210M In New Funding From DST Global And Returning Investors (TechCrunch)
  13. Social bulletin board Pinterest raises $200M with a $5B valuation (updated) (VentureBeat)
  14. China’s Ctrip invests over $200 million in an online ticketing site (Tech In Asia)
  15. Social Shopping Platform Mogujie Raises $200 million Funding at a Valuation of $1 billion (TechNode)
  16. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)
  17. MediaMath Raises $175M (FinSMEs)
  18. Cloudera Closes $160M Financing (FinSMEs)
  19. Automattic Raises $160M in Series C Funding (FinSMEs)
  20. Wayfair Secures $157M in Series B Financing (FinSMEs)