Titan raises $30 million from Automattic at a $300 million valuation

Titan raises $30 million from Automattic at a $300 million valuation

Titan, the professional email startup founded by Dubai-based serial entrepreneur Bhavin Turakhia, announced that it has secured a $30 million investment from Automattic, the parent company of WordPress.com. The investment marks the single largest investment ever made by Automattic and values Titan at $300 million.

The investment in Titan comes on the heels of last month’s announcement that Zeta, Bhavin’s modern banking startup, reached unicorn status with a $1.45 billion valuation following a $250 million investment from SoftBank.