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February 22, 2014 06:45 am GMT
WhatsApp did a great job of being surreptitious about its funding while growing into a messaging monster. But as they say, the truth always comes out.In this case, the truth is that the company had three rounds of financing, with Sequoia as the sole investor. According to documents unearthed by VC Experts, WhatsApp went from a $250k seed round in 2009 to an $8 million round at an ~$80 million valuation in 2011.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XVmZSv8yfzM/
WhatsApp Was Valued At ~$1.5B In Final Round Before Sale
WhatsApp did a great job of being surreptitious about its funding while growing into a messaging monster. But as they say, the truth always comes out.In this case, the truth is that the company had three rounds of financing, with Sequoia as the sole investor. According to documents unearthed by VC Experts, WhatsApp went from a $250k seed round in 2009 to an $8 million round at an ~$80 million valuation in 2011.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XVmZSv8yfzM/
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