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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