Factual Finds $35M In Series B

Los Angeles-bassed data startup Factual, which is led by Gil Elbaz, said Thursday that it has raised $35M in a Series B funding round. The funding came from Altpoint Ventures, Andreessen Horowitz, Data Collective, Haystack Partners, Heritage Group, Index Ventures, Miramar Ventures, Tamarisk Global, and Upfront Ventures, plus Saif Mansour, Michael Ovitz and Tom Unterman. Factual said the funding brings its total raised to $62M. Factual said the new funds go towards engineering, sales and marketing, and for international expansion. Factual's giant pool of data, and its interfaces to that data, are being used by Apple Maps, Facebook, and Microsoft Bing, among others. Gil Elbaz was the founder of Applied Semantics, which became Google AdSense. More information »