Blog startup Tumblr goes bi-coastal with Sequoia investment | VentureBeat Skip to main content VentureBeat Homepage Events GamesBeat Data Pipeline The MetaBeat Event Account Settings Log Out Become a Member Sign In VentureBeat Homepage VentureBeat AR/VR Big Data Cloud Commerce DataDecisionMakers Dev Enterprise Entrepreneur Marketing Media Mobile Security Social Transportation Follow follow us on Twitter follow us on Facebook follow us on LinkedIn Follow us on RSS The Machine AI Machine Learning Computer Vision Natural Language Processing Robotic Process Automation Follow Follow us on RSS GamesBeat Games Esports PC Gaming Follow follow us on Twitter Follow us on RSS Events Upcoming Media Partner Webinars General Briefings Got a news tip? Advertise Press Releases Guest Posts Contribute to DataDecisionMakers Deals Data Pipeline Jobs VB Lab About Contact Privacy Policy × Join the VentureBeat Community Free: Join the VentureBeat Community for access to 3 premium posts and unlimited videos per month. Learn More Sign up with your business e-mail to continue with ticket purchase Please wait... Share Share on Facebook Share on Twitter Share on LinkedIn VentureBeat Homepage Social Links Briefings Events Profile Blog startup Tumblr goes bi-coastal with Sequoia investment Anthony Ha November 12, 2010 11:11 AM Share on Facebook Share on Twitter Share on LinkedIn Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here. Tumblr, a New York startup that offers easy-to-use publishing and social networking tools for bloggers, has raised a “very big and competitive” round of funding from famed venture capital firm Sequoia Capital, according to a report in Business Insider. The company’s network of blogs seems to have taken off in the past year, as you can see from the Quantcast chart below. Tumblr also appears to have solidified its lead against West Coast rival Posterous, and even though it hasn’t caught up with more-established blog platform WordPress, it’s growing more quickly. The company, founded by David Karp (pictured), and has already raised more than $10 million from New York-based Union Square Ventures and Boston-based Spark Capital, so a Sequoia investment would mark its first Silicon Valley backing. Neither Sequoia nor Tumblr responded to my email requesting comment. VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings. MetaBeat 2022 Join metaverse thought leaders in San Francisco on October 4 to learn how metaverse technology will transform the way all industries communicate and do business. Register Here Transform 2022 On-Demand Did you miss a session from Transform 2022? Head over to the on-demand library for all of our featured sessions. Watch Now Join forces with VentureBeat at our upcoming AI & data events Sponsor VB Events VentureBeat Homepage Follow us on Facebook Follow us on Twitter Follow us on LinkedIn Follow us on RSS VB Lab Briefings Events Special Issue Product Comparisons Jobs About Contact Careers Privacy Policy Terms of Service Do Not Sell My Personal Information © 2022 VentureBeat. All rights reserved. × We may collect cookies and other personal information from your interaction with our website. For more information on the categories of personal information we collect and the purposes we use them for, please view our Notice at Collection.