Funding For Box.net and Automattic
Box.net has raised $6 million in a Series B financing led by venture capital firm U.S. Venture Partners, and includes Box.net Series A investor Draper Fisher Jurvetson. The capital will be used to continue company expansion, including the development and marketing of new services and products.
The New York Times reports that Automattic, the commercial arm of the popular WordPress publishing platform for blogs, has received $29.5 million in financing from four companies, including a small portion from The New York Times Company. Many other have reported on this round of funding, so take a look at what has been said at GigaOM, RWW and Techcrunch.
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