All Posts Tagged Tag: ‘fbFund’

fbFund No More?

Things have been a little slow on the fbFund front this year. The site hasn’t posed an update since January, and you probably won’t be hearing about new ventures anytime soon.

Inside Facebook reports that fbFund appears to be "mothballed". fbFund is a seed fund and joint venture run by Facebook Founders Fund and Accel Partners. Investment capital for the fund was provided by these entities.

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Big Money in Facebook Marketing

Wildfire Interactive has received $4.04MM in Series A funding lead by Summit Partners. Additional investors include Jeff Clavier, Aydin Senkut and Gary Vaynerchuk. CEO Victoria Ransom tells WebProNews, "To our knowledge, we are the first fbFund company to raise a multi-million dollar round." fbFund is a $10M seed fund and joint venture partially run by Facebook.

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