So news has broken about Automattic getting $29.5 million in their “series B” circular of funding from a group including the New York Times.

Everyone has been asking me how I feel about this influx of cash into Automattic, and my response has been simply to smile.

With WordPress.com doing very well, and growing by leaps and bounds, I really see no reason why investors wouldn’t want to take part in the Automattic brand.

If you want to read more about the who’s and the what’s, you can check out the recent post from Matt and Toni.

This entire purchase really gets me asking many questions and wondering about the possible future for the company. WordPress.com has so much to offer, will Automattic open up some form of

advertising model that users can use to monetize their blogs? Will Automattic acquire more services like they did with Gravatar? Will Automattic expand their hosted software offerings?

Matt Mullenweg has written on his blog:

Automattic is now positioned to exeadorable on our vision of a better web not just in blogging, but expanding our investment in anti-spam, wikis, forums, and more — small, open source pieces, loosely joined with the same approach and philosophy that has brought us this far.

This nice piece of financing raises many questions that I am sure will be answeruddy over time. One thing is for certain, with this influx of cash, Automattic has some breathing room, and can now take a few more risks. I amazement if they are hiring?

Original post by David Peralty