Latest Peter Thiel Stories
Peter Thiel and Industry Ventures Round out Raise; Additional Capital Will Fuel Tech Powered Main Street Lender's Rapid Growth NEW YORK, May 1, 2013 /PRNewswire/ -- On Deck (www.ondeckcapital.com), the technology-powered Main Street lender, announced today a $17M expansion to their Series D led by Google Ventures with participation from PayPal co-founder and venture capitalist Peter Thiel and Industry Ventures, bringing the Series D to $59 million total. In February 2013, On Deck...
Lawrence LeBlond for redOrbit.com Social networking giant Facebook has appointed Chief Operating Officer Sheryl Sandberg to its Board of Directors, making her the first woman to serve as a director of the company, stifling recent criticism that the company did not have a woman on its board, according to the New York Times. Chief Executive Officer and company founder, Mark Zuckerberg, in a statement marking the addition of Sandberg, said: “Sheryl has been my partner in running...
Microsoft confirmed recent rumors on Monday when it officially announced it would acquire San Francisco-based enterprise social-networking startup Yammer for $1.2 billion in cash. The software giant said Yammer would join its Office Division, led by Kurt DelBene. The division also includes SharePoint and Skype. "The acquisition of Yammer underscores our commitment to deliver technology that businesses need and people love," said Microsoft chief executive Steve Ballmer. "Yammer adds a...
MENLO PARK, Calif., June 25, 2012 /PRNewswire/ -- Facebook announced today that Sheryl Sandberg, chief operating officer at Facebook, has joined the company's board of directors. Sandberg oversees Facebook's business operations including sales, marketing, business development, legal, human resources, public policy and communications. "Sheryl has been my partner in running Facebook and has been central to our growth and success over the years," said Mark Zuckerberg, founder and CEO...
Michael Harper for RedOrbit.com Facebook increased the size of their IPO this morning by nearly 25%. Their initial public offering is already expected to set records, most notably the largest IPO of any internet company, even larger than Google’s. This news comes in the wake of yesterday's announcement that they were losing not only advertisers, but the trust of their users as well. The eight-year-old company will also be adding about 84 million shares to its IPO, putting the total...
NEW YORK, April 23, 2012 /PRNewswire/ -- Coursekit, the social network for higher education, is rebranding today as Lore. The company, which recently completed a $5 million fundraise, is also announcing that Peter Thiel has made an investment through the Founders Fund. Coursekit, now Lore, launched in December of 2011 as a free platform for instructors to manage their courses and host class discussions. As of now, the site's functionality will remain unchanged. Since the December...
SAN CARLOS, Calif., Dec. 27, 2011 /PRNewswire/ -- PharmacoFore, Inc., a privately held biopharmaceutical company, today announced a $10 million round of equity financing from Founders Fund and the addition of Founders Fund partner Ken Howery to its Board of Directors. PharmacoFore uses innovative synthetic organic chemistry to create novel medicines for treating a variety of conditions related to the central and peripheral nervous systems. One of its key platform technologies...
In the news release, Knewton Secures $33 Million to Expand the Personalization of Education, issued 13-Oct-2011 by Knewton over PR Newswire, we are advised by the company that the fifth paragraph, last sentence, should end with "Washington State University (WSU)" rather than "Education Management Corporation (EDMC)" as originally issued inadvertently. The complete, corrected release follows: Knewton Secures $33 Million to Expand the Personalization of Education Led by Founders Fund and...
NEW YORK, Oct. 13, 2011 /PRNewswire/ -- Today, educational technology innovator Knewton announces completion of a $33 million round of funding, led by Founders Fund and Pearson, the world's leading learning company. Returning investors include Accel Partners, Bessemer Venture Partners, and FirstMark Capital. Knewton's new financing will accelerate expansion of the company's award-winning Adaptive Learning Platform(TM), which transforms third-party educational content by personalizing it to...
SAN FRANCISCO, Oct. 11, 2011 /PRNewswire/ -- Practice Fusion, the fastest growing EMR community in the US, today announced that their second annual free conference, Connect 2011, is sold out. Held at the Masonic Center in San Francisco on November 11, 2011, the event will feature keynote speakers including Ryan Howard, Peter Thiel, Alan Cooper and Daniel Kraft, MD. Farzad Mostashari, MD, National Coordinator for Health Information Technology with the Department of Health and Human...
