Tumblr, a US-based platform for micro-blogging, has raised $85m less than a year after its previous round collected $30m.
Tumblr, a US-based platform for micro-blogging, has raised $85m less than a year after its previous round collected $30m.
Venture capital firms Greylock Partners and Insight Venture Partners led the round and were joined by Chernin Group, a media group which invests on behalf of former Fox head Richard Chernin, and Richard Branson, the entrepreneur behind the Virgin branded venture capital organisation.
VC firms Spark Capital, Union Square Ventures and Sequoia Capital reinvested.