Category: Tumblr
Yahoo To Purchase Tumblr For $1.1 Billion USD

There are several reports coming out of the US that the Yahoo board has approved a deal to purchase Tumblr for $1.1 Billion USD. Update: This has now been confirmed by Yahoo CEO Marissa Mayer via her own Tumblr blog (how nice:) This is a big move on Yahoo’s part, to purchase a stand alone […]
Read More | ShareTwitter and Tumblr raise VC funding

Twitter and Tumblr have both recently secure additional venture capitalist funding from Silicon Valley VC firms. Kleiner Perkins Caufield & Byers has put in around $200 million to Twitter giving the company a valuation of around $3.7 Billion. Spark Capital, Sequoia Capital, and Union Square Ventures have reportedly put in $30 million to Tumblr. This […]
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