All Posts Tagged Tag: ‘Y Combinator’

Reddit Raises New $50 Million Round Of Funding

Reddit said on Tuesday that it has closed a new $50 million round of outside funding led by Y Combinator President Sam Altman with participation from Sequoia Capital’s Alfred Lin and Andreessen Horowitz’s Marc Andreessen. Other investors mentioned further down in the announcement include Peter Thiel, Ron Conway, Paul Buchheit, Jared Leto, Jessica Livingston, Kevin and Julia Hartz, Mariam Naficy, …

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Ark People-Search Engine Raises $4.2 Million

Liz Gannes over at All Things D is reporting that “people-search” engine Ark has just raised $4.2 million during its recent seed round. Ark is a website that promises to help searchers find old acquaintances and new friends based on search parameters. The site can currently only be joined by requesting an invitation from Ark. A Gmail-type invitation system is …

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Facebook, Venture Firm Partner To Support Startups

Social-minded startups with ties to Y Combinator, a well-known provider of seed funding, will soon get another benefit from the relationship.  Last night, Facebook announced that it will provide support to the startups in a number of ways.

Don’t look for more money to change hands; Facebook hasn’t quite decided to become a venture capital firm.  The organization’s ready to lend just about every other form of assistance imaginable, though.

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