Tumblr documents submitted to the Securities and Exchange Commission in Friday show

Source: Internet
Author: User
Keywords Tumblr microblogging site 25 million dollars
Tags company exchange financing media media reports microblogging microblogging site show

According to foreign media reports, the microblogging site Tumblr in Friday to the U.S. Securities and Exchange Commission (SEC) documents show that the company has been through a new round of financing to raise 25 million of dollars. There have been reports that Tumblr raised 25 million to 30 million dollars in the most recent round of funding, with a 135 million dollar valuation.

Tumblr submitted documents, including Spark Capital (Spark), Sequoia Capital (Sequoia), Hopewell Investment (Union Square Ventures) and internet TV production company Next New Receptacle co-founder Frede Desseburt (Fred Seibert) was involved in the company's current round of financing.

Tumblr founder David Kap David Karp will do a lot of things after raising new funds, the report said. Tumblr has just opened a new office in New York and employs 4 people. At present, the total number of Tumblr employees has reached 16. In a recent interview, Carp said the total number of employees in Tumblr would reach 20 by the end of the year.

Tumblr raised 4.5 million dollars in 2008. Earlier this year, Tumblr again financed 5 million of billions of dollars. At present, the site has not yet earned revenue, Carp has previously proposed a variety of income programs, but not a real effect.

Tumblr's blogging platform is between Twitter and the traditional full-featured blog. By the end of August this year, the total number of Tumblr users reached 7.2 million, and these users posted a daily number of 5.2 million.

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