Tumblr Finds Funding
It’s not quite ready to overtake Blogger or TypePad – from which it claims to be completely different – but Tumblr, a blogging company, is now $750,000 richer thanks to a round of funding.
Tumblr has Spark Capital and Union Square Ventures to thank for the money, according to peHUB. That first firm has previously invested in Veoh, and the second entity has worked with Del.icio.us, FeedBurner, Twitter, and Indeed. In other words: Tumblr’s in good company.
And never mind corporations and investments; that statement is supported by the number of fans Tumblr has earned. On the Tumblr Blog, a post involving a simple graphic that states “November 1” and “It’s ready” has received around 65 replies from people who are interested in the impending update.
What, then, is all the hubbub about? Tumblr compares its blogging service to a scrapbook, as opposed to a traditional journal-style blog. It’s easier – and quicker – to use, according to the company.
Some of the $750,000 will probably be used to ensure it stays that way even as people climb aboard after November 1. As for the rest . . . look for cryptic graphics on the Tumblr Blog.