Wednesday, August 31, 2011

Here's Why Tumblr Can Raise So Much Money At A Huge Valuation

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Tumblr is raising between $75 and $100 million at an $800 million valuation. The biggest names in the game - DST, Kleiner Perkins, Andreessen Horowitz, and Sequoia - are interested in participating in the round.
Why?
Because the microblogging site has posted huge growth over the past year and shows no signs of slowing down. New funds can help them scale even faster.

Posted via email from Inspiration

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