• VentureBeat, Tuesday, December 7, 2010 11:50 AM

Topping off a series of recent outages, hot blogging platform Tumblr went down for nearly 24 hours this weekend. As VentureBeat notes, and the startup admits, Tumblr has been experiencing growing pains for some time as it tries to keep up with rapid traffic growth. "While you might feel like you've gotten used to seeing errors on Tumblr recently, know that this is absolutely unacceptable to our team, and unacceptable for a platform determined to be the best place in the world for your creative expression," the company said in a statement.

"Frankly, keeping up with growth has presented more work than our small team was prepared for -- with traffic now climbing more than 500M pageviews each month." Unfortunately, "The outage comes as Tumblr is rumored to be closing a $25 to $30 million round led by Sequoia Capital," VentureBeat writes. "This could lead to some awkward conversations with investors, but hopefully the new money is what the site needs to keep things running smoothly."

Read the whole story at VentureBeat »