Sunday, October 24, 2010

Mashable: Facebook to Raise Series E Funding with Apple as Investor [RUMOR]

"Is Mark Zuckerberg about to friend Steve Jobs? Facebook may be preparing to raise a blockbuster multi-million dollar Series E funding round with existing investors and potentially a new one:Apple Inc.

According to our tipster, the world’s largest social network will raise a new round of funding in the next few months to fuel its growth and bridge the gap between now and its eventual IPO. The potential amount of the Series E round wasn’t revealed. Facebook has already raised four rounds of funding along with an angel round in its six years of existence, amounting to over half a billion dollars...."

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