Automattic Invests $30M in Titan, a Business Email Startup

Automattic Invests $30M in Titan, a Business Email Startup

Posted by WP Tavern on August 9, 2021 at 9:52 pm
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source: Titan.email Automattic has invested $30 million in Titan, a professional email suite aimed at businesses and companies offering white-labeled email solutions for customers. At WordCamp India 2021, Automattic CEO Matt Mullenweg said that the company had just made “a pretty large investment” in the India-based startup and stated that it “will be a big part of how WordPress.com offers email going forward.” The Series A investment in Titan is Automattic’s largest to date and values the company at $300 million. Although Automattic has gained notoriety for its “no offices or email” approach to business, most of the working world has not yet transitioned away from relying heavily on email. “I think email is definitely on its way out, between things like P2 and Slack, which is a work place chat tool,” Mullenweg said on Glenn Leibowitz’s podcast in 2015. “Email just has so many things wrong with it. I’ve never heard anyone who’ve said they love email, they want more of it–have you?” Six years later, email is still a reliable source of misery for most working people, but Titan aims to transform it into a more meaningful communication channel for businesses with help of Automattic’s investment. It includes features…

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