Factual Raises $25M From Andreesen Horowitz, Index Ventures
Los Angeles-based Factual has raised $25 million for its collaborative data platform and web service. Andreessen Horowitz and Index Ventures co-led the round, which included participation from former Hollywood agent Michael Ovitz, and from SV Angel, a group formed by individual investor Ron Conway. Andreessen Horowitz co-founder Ben Horowitz and Index Ventures’ Danny Rimer join Factual’s board as a result of the round. Factual’s platform is designed to allow developers and publishers to create applications by accessing data through various APIs. Factual secured $2 million in angel funding earlier this year.
9 December 2010•3 mins read
