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Facebook Raises Another $100 Million

May 10th, 2008 at 11:30 am

Source:TechCrunch
Facebook is raising $100 million in debt, reports VentureBeat and Business Week. bringing their total capital raised to nearly half a billion dollars.
This most recent round will be used to scale the service via another 50,000 or so servers. Facebook now has over 70 million active users and around 109 milliion monthly visitors, and the […]

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