Tech: Tumblr scores another massive funding round, making them super-rich
- $85 million amount raised by Tumblr in a funding round just today
- $30 million amount raised by Tumblr in a prior funding round earlier this year source
- » Total funding? $125 million: With a growing, increasingly diverse audience, Tumblr’s latest funding round could help the brand blow up to new heights and in new directions. It’s happened pretty fast, too. Well, at least that’s what founder David Karp thinks: “Tumblr has come far since we began our journey. From the early users signing up to easily share all of the things they cared about, to the global community today where creators have an incredible opportunity to reach an audience of hundreds of millions, it’s been a remarkable four years.” Suggestion to David and Tumblr: Don’t get all Scrooge McDuck on us and start swimming through the funding round. NYC doesn’t have enough space for a giant money bin anyway. Instead, focus on uptime, possibly buying Missing e from Jeremy Cutler, and giving content creators a way to turn their hard work into more than just a hobby.