Google Gets Backing From Heavy Hitters.
Published:
6 June 1999 y., Sunday
Upstart Internet search engine Google Inc. has attracted $25 million in venture-capital funding from two of Silicon Valley_s most familiar names. Sequoia Capital partner Michael Moritz and John Doerr of Kleiner Perkins Caufield & Byers are bringing in the $25 million to Google, according to a Wall Street Journal report. Both will also join the company_s board of directors. Moritz gained fame through investing early in Internet phenoms like Yahoo! Inc. and eToys Inc., and Doerr made his mark through early involvement with Amazon.com Inc. The two venture capital firms will receive combined equity of nearly 40 percent for their efforts. According to the Journal, Google_s coupe is above and beyond the usual investment takings, even for an Internet company. Google plans to use the money to fund expansions.
Šaltinis:
Finance News Archives
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Software company announced new structure_ of it_s business.
more »
The benefits and manufacturing process of CD & DVD Replication vs. CD & DVD Duplication.
more »
TheVisionWorld.com, a helpdesk software provider, today announced a new feature – “Migration Tool”.
more »
Boston Interactive, a Boston-based web design and interactive marketing firm, is thrilled to announce their recognition for web design excellence from the Web Marketers Association. Six of Boston Interactive's website projects were found winners of the prestigious WebAwards Competition.
more »
Agreement covers a broad range of consumer products for both companies.
more »
BRUMAKS, offers the popular WebSite Tonightï, product, providing key features for those yearning to get involved in the .MOBI revolution.
more »
Google Inc. launched Google ChromeTM, a new open source browser intended to create a better web experience for users around the world.
more »
Scott Guthrie, corporate vice president of the Developer Division at Microsoft, talks about how Microsoft Silverlight is helping the global broadcasting and media industry grow their presence – and viewership – on the Web.
more »
Survey of 16-27 year olds defines media consumption choices of the future.
more »
Video explosion drives demand for innovation in video encoding, content transcoding and media mobility from Motorola.
more »
Visa has taken the next step toward making mobile commerce a global reality. The card company has launched four new programs to deliver payments and services via mobile devices.
more »