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Archive Home > 2011 > January > 22 > Facebook raises $1.5B in financing

Facebook raises $1.5B in financing

By Michael J. de la Merced / The Bulletin
January 22, 2011

Facebook announced Friday that it had raised $1.5 billion in new financing led by Goldman Sachs.

The investments include $500 million from Goldman Sachs and the Russian investment firm Digital Sky Technologies, as well as $1 billion from wealthy Goldman clients based overseas.

The round of....

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