Salesforce invests in Automattic

Salesforce Ventures has invested $300 million in Automattic, a company that was started by Matt Mullenweg, a close friend. Our firm, True Ventures, is the earliest backer of Automattic. I am delighted to see two of my favorite people, Bret Taylor (now at Salesforce) and Matt, will get to engage more often. Matt shared his thoughts about the investment, and what it means for Automattic and WordPress, the open-source software platform that now runs 34 percent of the web. Congrats team Automattic and Matt. (Also, TechCrunch interviewed Matt and is worth a read.)