Tech Company Financing Transactions
Facebook Funding Round
Facebook closed a $500 million funding round on 1/3/2011. Investors included DST Global, Goldman Sachs and private investors.
Transaction Overview
Company Name
Announced On
1/3/2011
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new money will give Facebook more firepower to steal away valuable employees, develop new products and possibly pursue acquisitions. Investment may also allow earlier shareholders, including Facebook employees, to cash out at least some of their stakes.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
1 Hacker Way
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Overview
Facebook, Inc. (NASDAQ: FB) provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Zuckerberg
Chief Financial Officer
David Wehner
Chief Operating Officer
Sheryl Sandberg
Chief Technical Officer
Mike Schroepfer
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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