Tumblr drives more pageviews, more money
Microblogging platform Tumblr has seen exponential growth in the last few years, and there’s no sign of slowing in sight. Tumblr now generates 6.5 billion pageviews each month from its 30 million blogs, making the site one of the most formidable players in social media. Tumblr’s steady growth has also attracted new venture capitalists. Yesterday, the company announced that it had raised $85 million from a financial round led by Greylock Partners, Insight Venture Partners, and the Chernin Group. Richard Branson, Spark Capital, Union Square Ventures and Sequoia Capital also contributed….