TOP NEWS Launches Venture Backed Family Tree Site

Los Angeles-based startup said Tuesday that the firm has launched a new web site to allow people to create their own family trees. The firm, which has received venture funding from the Founder's Fund, is headed by former PayPal COO David O. Sacks. Other co-founders of the firm include Alan Braverman, former co-founder of Xoom. The firm is applying Web 2.0 techniques to genealogy.