Venture capital News and Deals
Venture Capital
Facebook Inc. Obtains $100,000,000 New Round
2008-05-12 | VentureDeal Database
| Company Name | Facebook Inc. |
| Mailing Address | 471 Emerson St Palo Alto, CA 94036 |
| Company Description | Facebook is a social directory that enables people to share information. Facebook increases information flow between people by giving them access to the information that is most relevant to them. |
| Website | http://www.facebook.com |
| Transaction Type | Debt |
| Transaction Amount | $100,000,000 |
| Transaction Round | Undisclosed |
| Proceeds Purposes | "It (the funding) will be used entirely for servers," Facebook Chief Financial Officer Gideon Yu says in an interview. |
