Wednesday, February 3, 2010

Factual Gains Funding, Names Investors

Santa Monica-based Factual, the new data focused startup run by Gil Elbaz, the co-founder of Applied Semantics, which invented Google's AdSense technology, is announcing the investors in the firm this evening. According to Elbaz, the firm has a number of very high profile investors backing the the firm, including Marc Andreessen and Ben Horowitz of Andreessen Horowitz, Bill Gross of Idealab, Danny Rimer of Index Ventures, Esther Dyson, the Founder Collective, Gunderson Dettmer, Lee and June Stein, former MySQL CEO Marten Mickos, Miramar Venture Partners, Demand Media's Richard Rosenblatt, About.com founder Scott Kurnit, Gerson Lehrman Group's Thomas Lehrman, and Rustic Canyon's Tom Unterman as investors in the company. Factual is developing an online platform which allows anyone to share and mash open data. Applied Semantics was the original developer of Google AdSense technology, and was purchased for pre-IPO Google stock in 2003. More information »