19 April, 2006

Facebook raises $25m


Greylock Partners, of San Mateo, led the latest round, and is joined by Palo Alto's Meritech and existing investors Accel Partners and Peter Thiel, an investor and former chief executive of PayPal.

That should keep 'em going for a while... and stave off acquisition for a while (honestly, the founders say they never intended to sell - see previous post).

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