There were a couple of funding announcements this week totaling nearly $55 million, some of which could wind up being invested in infrastructure. Here are the details:
- Automattic [1], the company behind the popular WordPress blogging software, has raised $29.5 million [2]. Investors included True Ventures, Polaris Ventures, and Radar Ventures – all existing investors – as well as a strategic investment from The New York Times Company. The NYT uses WordPress to run its About.com network of information sites. Automattic’s Matt Mullenweg has more [3].
- CacheLogic [4], a content delivery network using peer-to-peer technology, has closed a fourth round of funding [5]of $25 million. The new round was raised from previous investors, which included Amadeus Capital Partners, 3i and Pentech Ventures, acording to Rafat at PaidContent [6]. Cambridge, UK-based CacheLogic has raised about $50 million total.
Rich Miller is the founder and editor-in-chief of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.
Article printed from Data Center Knowledge: http://www.datacenterknowledge.com
URL to article: http://www.datacenterknowledge.com/archives/2008/01/23/funding-for-cachelogic-automattic/
URLs in this post:
[1] Automattic: http://automattic.com/
[2] raised $29.5 million: http://gigaom.com/2008/01/22/wordpresscom-creator-raises-29m/
[3] has more: http://ma.tt/2008/01/act-two/
[4] CacheLogic: http://www.cachelogic.com/
[5] fourth round of funding : http://blog.streamingmedia.com/the_business_of_online_vi/2008/01/cachelogic-rasi.html
[6] PaidContent: http://www.paidcontent.org/entry/419-p2p-tech-firm-cachelogic-raises-25-million-funding/
[7] Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/
Click here to print.
