Tumblr Close to Raising $75M-$100M
Blogging service Tumblr is close to raising between $75 million and $100 million in new venture capital financing, Reuters reported Friday, citing news in the Wall Street Journal. Greylock Partners is reportedly one of the firms joining in the round. Spark Capital, Union Square Ventures, and Sequoia Capital are among the current investors in Tumblr.
26 August 2011•1 min read
