Bhavin Turakhia’s email startup Titan raises $30 mn, valued at $300 mn

Titan, the professional email startup founded by serial entrepreneur Bhavin Turakhia, has raised $30 million investment from Automattic, the parent company of WordPress. The investment marks the single largest investment ever made by Automattic and values Titan at $300 million.

This is the first funding raised by Titan so far. Along with investment from Automattic, Titan will also be able to leverage the huge presence of WordPress across the globe.

Titan is available to users exclusively through its partnerships with leading Web Presence Providers, including WordPress. WordPress powers 42 per cent of the world’s websites between the open-source software and Automattic’s commercial WordPress offering.