Automattic Inc. is a web development corporation founded in August 2005. It is most notable for WordPress.com (a free blogging service), as well as its contributions to WordPress (open source blogging software). The company’s name plays on its founder’s first name, Matt.
Automattic raised US$317.3 million in five funding rounds. In the last round, on May 2014, the company was valued at US$1.16 billion.[1]
The company has 717 employees. Its culture was the topic of a participative journalism project by Scott Berkun, entitled The Year Without Pants: WordPress.com and the Future of Work