Silver Lake Takes $250 Million Stake in Startup WP Engine

WP Engine, which claims to be one of the world’s largest WordPress hosts, has raised $250 million in funding led by Silver Lake, money that the company intends to use to fuel its international growth and continue developing its Digital Experience Platform, the product that underpins its main line of business.

This makes WP Engine the biggest WordPress host among the 1 million most-trafficked sites on the Internet, and a significant player in its own right, putting to paid the belief that a company that is built on a platform — in WP Engine’s case, WordPress — it does not own is in a precarious state.

Read the announcement: https://wpengine.com/blog/milestone-announcement/