CMS-Centric FOSS Funding
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London-based New Vector nabs €4.1 million for ‘Matrix’, its decentralised comms ecosystem
Today New Vector, who is behind new collaboration solutions used by European governments and organisations alike, has announced raising approximately €4.1 million from Automattic Inc. This new investor brings both the financial backing and experience of being the parent company of web publishing and e-commerce platforms WordPress.com, WooCommerce, Jetpack, and enterprise WordPress VIP.
New Vector, founded in 2017, is on a mission to enable governments, businesses and individuals to run their own secure communication infrastructure, while interconnecting via the global Matrix network. So far the startup has developed Riot, the flagship Matrix-based messaging app, and Modular, the leading Matrix-based hosting platform. New Vector, formed by the team who created Matrix, also provides significant development to the Matrix open source project (an open network for secure, decentralised communication which lets organisations and individuals run their own collaboration apps).
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Automattic pumps $4.6M into New Vector to help grow Matrix, an open, decentralized comms ecosystem
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Headless CMS company Strapi raises another $10 million
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Open-Source 'Headless' CMS Company Strapi Raises $10 Million
Strapi — the open-source “headless” content management system (CMS) — announced it raised $10 million in Series A funding led by Index Ventures. Including this round of funding, the company has raised a total of $14 million.
Previously, Strapi raised $4 million in seed funding in October 2019 with Accel and Stride.VC. And the company also hired former Docker head of community Victor Coisne as VP of marketing and the company also announced plans to open its first U.S. office in San Francisco.
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Automattic Invests $4.6M in New Vector
Automattic Invests $4.6M in New Vector, Creators of the Matrix Open Standard for Decentralized Communication