Full stack web developer, interested in all the things, but especially the web, code, design, Linux, OS X, PHP, WordPress, JavaScript & robots.

Tagged: rumours

Automattic Could Go Public In 2016 image/svg+xml

Automattic, the company behind, is among 36 “unicorns” that could go public in 2016, CB Insights said in a report released yesterday.

The 2016 Tech IPO Pipeline states there are more than 80 private tech companies in the U.S. currently valued at $1 billion or more, and notes that Automattic is among the 36 companies with the greatest momentum.

Automattic joined the billion-dollar club in 2014 when it raised $160 million in Series C Funding, which raised its valuation to $1.16 billion. Along with Automattic, “the unicorn club” includes other well-known, fast-growth companies, such as Airbnb, Snapchat, GitHub, Slack, and Uber.

Interesting, mostly because it could be argued that Automattic has built its business around the GNU General Public License.