Kleiner Perkins Caufield & Byers is acquiring a $38 million stake in Facebook through a transaction that valuing the social network at $52 billion.
Kleiner Invests In Facebook At $52 Billion Valuation
venture capital
Venture Funding Increase Creates Windfall For Facebook
Venture capital funding rose for the first time in three years, with double-digit increases across all sectors. The 12 percent overall gain included many transactions benefiting applications that tap into Facebook.
Payvment Gets $6 Million in Venture Funding
Startup Payvment has gotten $6 million in funding, a transaction led by Sierra Ventures and with participation by BlueRun Ventures.
