Friday, August 26, 2011

Tumblr on verge of raising up to $100M with massive $800M valuation

Popular blogging startup Tumblr is close to raising between $75 and $100 million, with an incredible $800 million valuation, says the Wall Street Journal.

Tumblr’s blogging platform emphasizes its ease of use and now hosts more than 27 million blogs. …

Source: http://feeds.venturebeat.com/~r/Venturebeat/~3/l4EgLgoEVqg/

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