Tech Company Financing Transactions
Meta Funding Round
On 1/3/2011, Meta raised $500 million in funding from DST Global, Goldman Sachs and private investors.
Transaction Overview
Company Name
Announced On
1/3/2011
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Undisclosed
Investors
Proceeds Purpose
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.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
1 Hacker Way
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Not Recorded
Overview
Build the future of human connection and the technology that makes it possible. Our products empower more than 3 billion people around the world to share ideas and offer support. When Facebook launched in 2004, it changed the way people connect. Apps such as Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens towards immersive experiences such as augmented, virtual and mixed reality to help build the next evolution in social technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Zuckerberg
Chief Financial Officer
Susan Li
Chief Marketing Officer
Alex Schultz
Chief Operating Officer
Javier Olivan
Chief Technical Officer
Andrew Bosworth
Vice President
Ahmad Al-Dahle
Vice President
Maxine Williams
VP - Bus. Development
Nicola Mendelsohn
VP - Bus. Development
Justin Osofsky
VP - Bus. Development
David Wehner
VP - General Counsel
Jennifer Newstead
VP - Human Resources
Janelle Gale
VP - Product Management
Chris Cox
VP - Product Management
Naomi Gleit
VP - Product Management
Michel Protti
VP - Regulatory Affairs
Joel Kaplan
VP - Sales
John Hegeman
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About Our VC Transactions Data
We do our best to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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