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July 25, 2012 11:38 pm GMT

Paul Graham Says Y Combinator Companies Have Raised More Than $1 Billion

y-combinatorY Combinator co-founder Paul Graham tweeted today that YC's 380 companies (prior to the current batch) have raised$1,048,274,000.Y Combinator, which launched in 2005, takes on two classes of startups per year into their three month program, during which they mentor and connect the founders and invest in the companies.

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