Tech Company Financing Transactions
Meta Funding Round
Meta, based in Menlo Park, raised $100 million in investment from TriplePoint Capital.
Transaction Overview
Company Name
Announced On
5/11/2008
Transaction Type
Debt
Amount
$100,000,000
Round
Undisclosed
Investors
TriplePoint Capital (James Labe)
Proceeds Purpose
"It (the funding) will be used entirely for servers," Facebook Chief Financial Officer Gideon Yu says in an interview.
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.
Management Team
Title
Name
Email & Social
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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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