Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e20c67a-ce4b-4273-8861-c145ce385333&Preview=1
Date 1/3/2011
Company Name Facebook
Mailing Address 471 Emerson St Palo Alto, CA 94301-1605
Company Description Facebook is a social directory that enables people to share information. Facebook increases information flow between people by giving them access to the information that is most relevant to them.
Proceeds Purposes 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.