Friday, August 26, 2011

Tumblr said to reach $800m valuation | FT Tech Hub | FTtechhub - Industry analysis – FT.com:
Tech news from around the web:

Blogging service Tumblr is set to raise $75m-$100m in venture capital, The Wall Street Journal reports. The fundraising, which is said to include Facebook and Groupon investor Gerylock Capital, is expected to value the company at $800m.

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