For the past several weeks there’s been reports of blogging platform Tumblr raising a boatload of money. That was confirmed today in a SEC filing with numbers on the round. $25 million to be exact. According to the filing it looks like Spark Capital, Sequoia, Union Square Ventures and Next New Network’s Fred Seibert participated in the round.
We’ve heard that the post-money valuation is in the ballpark of $155 million. We had also heard that the total amount of funding was $30 million, no word on whether the round was reduced in size or there is just a second tranche coming later.
Tumblr founder David Karp will have plenty of things to spend the money on, Tumblr just opened a new office in New York Cityand hired another four people to bring the total up to 16 people now. David Karp recently told TechCrunch that he plans on expanding the company to 20 employees before the end of the year.
Update: Tumblr President John Maloney tells us that it’s actually $30 million, as we previously thought. I’m waiting for more information and will update this post accordingly.
