Posted on: April 17, 2012 by Jonathan Marino
Shasta Ventures led a $4.5 million Series A round in San Francisco-based on-demand carwash startup Cherry, the company announced today. Founders Fund and a group of angel investors including Bill Lee and Shervin Pishevar joined prior investors David Sacks and Keith Rabois on the deal. The funds will be used to spread Cherry’s service to [...]
Tags: Founders Fund, Shasta Ventures
Posted on: January 11, 2012 by Alastair Goldfisher
San Francisco-based Practice Fusion, which provides Web-based electronic medical record management for physicians, has raised $2 million in funding from angel investors Jed Stremel (who formerly oversaw Facebook’s mobile strategy), Ali Partovi and Hadi Partovi. Practice Fusion has now raised more than $38 million in total funding since early 2009 from Founders Fund, Band of [...]
Tags: Founders Fund, Jed Stremel, Practice Fusion
Posted on: December 8, 2011 by Connie Loizos
On Monday, more than 500 outlets reported that Facebook is acquiring the location-based startup Gowalla, which will shutter in January. Gowalla’s team will now work on Facebook’s new Timeline feature. The acquisition was unexpected for several reasons, including that Austin-based Gowalla has been eating Foursquare’s dust for some time. There were also niggling questions over [...]
Tags: Floodgate, Founders Fund, Gowalla, Greylock Partners, Mark Suster, Paul Kedrosky, Ron Conway, Shasta Ventures
Posted on: December 5, 2011 by Connie Loizos
Seven-year-old Founders Fund isn’t a typical venture firm. It thinks Monday meetings are for suckers. It recoils from the idea that it should help startups do their hiring. (That’s a core function of a startup, as far as the firm is concerned.) Meanwhile, its billionaire co-founder, Peter Thiel, whose ambition is funding startups with the [...]
Tags: Bruce Gibney, Facebook, Founders Fund, Palantir Technologies, Peter Thiel, SpaceX, Toby Prosky
Posted on: December 2, 2011 by Clancy Nolan
Peter Thiel’s Founders Fund has raised $625 million for its fourth fund. The firm, which has been an early backer of companies including Facebook and Spotify, will invest in a mix of early-stage deals and follow-on investments across the aerospace, artificial intelligence, analytical software, emerging biotechnologies, robotics, education and consumer internet sectors.
Tags: Founders Fund
Posted on: November 2, 2011 by Clancy Nolan
Founders Fund has backed newly formed 100Plus, a startup developing interactive health applications that will give personalized predictions of future health. The company’s platform will use game mechanics to encourage people to change bad behaviors and help extend their lifespans. 100Plus is based in San Francisco. Details of the financing were not released.
Tags: Founders Fund
Posted on: October 18, 2011 by Mark Boslet
BillGuard said Tuesday it secured $10 million in a second-round financing led by Khosla Ventures. Peter Thiel’s Founders Fund and Eric Schmidt’s Innovation Endeavors also participated in the round, as did existing investors Bessemer Venture Partners and IA Ventures. The company, which is developing online technology for determining erroneous credit card charges, has now raised [...]
Tags: Bessemer Venture Partners, BillGuard, Founders Fund, IA Ventures, Innovation Endeavors, Khosla Ventures
Posted on: October 17, 2011 by Jonathan Marino
Clickable, the online advertising solutions provider, completed a $12 million financing round that was provided by American Express, which was joined by existing investors Union Square Ventures, Founders Fund and FirstMark Capital. Other prior backers include Jon Miller, Chief Digital Officer, News Corporation; and Peter Thiel, Managing Partner of Founders Fund.
Tags: Clickable, FirstMark Capital, Founders Fund, Union Square Ventures