TECHNOLOGY, Tumblr includes $ 85 million investment round

Fast growing blogging platform, the Tumblr an investment round closed was, attracted to the new venture capitalists, and brought in $ 85 million.
The investment round led Greylock Partners and insight venture partners. The Chernin group and Richard Branson also investing in the blogging society of New York for the first time. New investments made, spark capital and Union Square Ventures, Sequoia Capital.
You can set up a microblog Tumblr content, including multimedia, browser, e-Mail, desktop or Smartphone. One of the key features is "Reblogging," users can quickly share posts on Tumblr. The service is often compared with WordPress.com, allows users to create a blog for free.
"In this year alone we have risen from 2 [billions] to 13 billion pageviews per month, with enormous international adoption." Mobile pageviews have increased 17 times during this period. And the 30 million blogs on Tumblr now generate more than 40 million posts a day, passing Tumblr founder David Karp in an e-Mail statement said 10 billion posts two weeks ago. He added that Tumblr additional investments continue to scale the blogging platform and focus on the further development of the services use.
In contrast, WordPress supports more than 59 million blogs around the world, of which about half to a wordpress.com domain be hosted. 299 Million people view more than 2.5 million pages each month, according to their stats page.
Tumblr of fast-growing popularity is the the main reason the Greylock Partners, invested in accordance with its company blog.
"In the course of the last year or so, it's practically exploded on the scene-it seems that you see each piece of interesting content and expression today has been posted to someone's Tumblr." The numbers that sichern-- last month 30 million blogs on Tumblr generated 13 billion page views, "said John Lilly, partner at Greylock Partners and former CEO of Mozilla, on the company blog." Greylock invested in Facebook and LinkedIn.
Deven Parekh, Managing Director, insight venture partners, said that Tumblr is a company, that the social landscape around the world changed. "We are pleased, a part of the future of the company and Tumblr to our list of investments which include, how Twitter and Flipboard, the social paradigm on the Web fundamentally change."

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