Tumblr Looking at $800 Million Valuation for Growth Funding
According to Business Insider, Tumblr is speculating to raise about $75 million to $100 million at a valuation in the range of $800 million or even higher.
Microblogging platform Tumblr is pursuing venture capital firms for another generous amount of money at a very substantial valuation.
According to Business Insider, Tumblr is speculating to raise about $75 million to $100 million at a valuation in the range of $800 million or even higher.
The business website reports that Tumblr is talking to DST, Kleiner Perkins, Andreessen Horowitz, and Sequoia. They are described as “the guys who can write big checks.”
The microblogging platform has continued to expand more and more.
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