08 Sep Tumblr, Posterous, and Automattic: the next wave in blog models?
Tumblr, based in New York, raised more than $10 million by April, with three rounds of funding led by Union Square Ventures and Spark Capital. Competitor Posterous raised $4.4 million in March in its first round, led by Redpoint Ventures. Automattic, which hosts blogs on WordPress.com and supports an open-source blog-software platform, has raised about $30 million in venture funding including a strategic investment from The New York Times Co., as well as backing from True Ventures, Polaris Ventures, and Radar Ventures. [Venture Beat]
Posterous appears to approach blogging through multi-threading. Just email their system your content entries, they take if from there by converting into a post, a FB entry, at Tweet, etc. Instantly. They are currently a free offering with premium ad-ons, ie: for pay, coming soon. Naturally, they offer “switch to Posterous” engines as well.
Automattic takes a different approach by bolting open source add-on features to WordPress’ hosted infrastructure. Of note are systems like VaultPress (automagic backups), PollDaddy (surveys, polls, and rating systems), and P2 (real-time content insertions without refresh requirements) – to name a few of their system offerings. See the full range of offerings here.