Funding Watch: $25 mil. for Facebook, 13.5 for SimplyHired

by Jordan Running Apr 19th 2006

Last we heard Facebook was up on the block for nothing less than $2 billion, but now they're saying they were never interested in selling in the first place. According to SiliconBeat, the king of social networking sites for the college set has just accepted $25 million in funding from some Silicon Valley investors and marketing says, "It has never been our intention to sell the company." Facebook, according to comScore Media Metrix, is the seventh most-visited site on the web.

And over on the other side of the web, job meta-search site SimplyHired has raised $13.5 million from Fox Interactive and Foundation Capital, despite the fact that Google is hovering ominously around the corner with its own job search project.

Tags: facebook, fox, funding, fundingwatch, google, simplyhired

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