Round and round
Tumblr has just raised a monster funding round, reported to be in the area of $25 to 30 million at a valuation of $135 million.
Dan Primack over at Fortune put a figure on this new round, which had been reported, sans financial details, by Business Insider last week.
BI hinted that Sequoia Read More
Word on the street is that Tumblr has secured a large new investment from top-flight Silicon Valley VC Sequoia Capital.
Details are scarce right now. Business Insider, which broke the story, has no official confirmation or details on the size of the investment beyond “big.”
Tumblr has great growth, but no real revenue to Read More