Facebook is an online social networking service that allows its users to connect with friends and family as well as make new connections. It provides its users with the ability to create a profile, update information, add images, send friend requests, and accept requests from other users. Its features include status update, photo tagging and sharing, and more. Facebook’s profile structure includes a timeline, information related to the user, images of the user, images added by friends of the user, notes, pages, groups, and more. It enables its users to create pages related to entertainment, sports, business, finance, preferences, hobbies, culture, religion, causes, organizations, and a number of other categories. It also enables its users to join or create groups related to a vast number of categories. With millions of more users, [Friendster](http://www.crunchbase.com/organization/friendster) attempted to acquire the company for $10 million in mid-2004. Facebook turned down the offer and subsequently received $12.7 million in funding from [Accel Partners](http://www.crunchbase.com/organization/accel-partners) at a valuation of around $100 million. Facebook continued to grow opening up to high school students in September 2005 and adding a photo sharing feature the next month. The next spring, Facebook received $25 million in funding from [Greylock Partners](http://www.crunchbase.com/organization/greylock) and [Meritech Capital](http://www.crunchbase.com/organization/meritech-capital-partners) as well as previous investors [Accel Partners](http://www.crunchbase.com/organization/accel-partners) and [Peter Thiel](http://www.crunchbase.com/person/peter-thiel). The pre-money valuation for this deal was about $525 million. Facebook subsequently opened up to work networks eventually amassing over 20,000 work networks. Finally in September 2006, Facebook was opened to anyone with an email address. Facebook continued to receive funding most notably in January 2011 receiving $1.5 billion and valuing the company at $50 billion. A year later in February 2012, Facebook announced that it was filing for its long-anticipated initial public offering. The company went public on May 18, 2012 opening in [NASDAQ](http://www.crunchbase.com/organization/nasdaq-private-market) with shares trading at $42.05. Facebook announced positive numbers in February 2012 upon filing for its IPO. As of July 2013 over 1.15 billion users have logged into Facebook every month and 669 million users daily. Mobile users now make up half of Facebook’s user base with 819 million monthly actives. Facebook is one of the most trafficked sites in the United States. Additionally, Facebook is the top photo sharing site with 250 million photos uploaded per day. The company has strategic partnership with AXA Group to develop marketing and commercial collaboration in the digital, social, and mobile sphere. Facebook is currently the owner of many applications and services such as Pagemodo Pagebuilder, [RSS Graffiti](http://www.crunchbase.com/organization/rss-graffiti), Huddle, and more. It is the world’s largest social network with over 1.32 billion monthly active users. Facebook was founded by Mark Zuckerberg on February 4, 2004 in Menlo Park, California.

Research Grants 9 show all






Patents 12,144show all

  • 3,010
    G06F - Electric digital data processing
  • 2,851
    G06Q - Data processing systems or methods, specially adapted for administrative, commercial, financial, managerial, supervisory or forecasting purposes
  • 2,773
    H04L - Transmission of digital information, e.g. telegraphic communication
  • 882
    H04W - Wireless communications networks
  • 350
    H04N - Pictorial communication, e.g. television
  • 253
    G06T - Image data processing or generation, in general
  • 253
    H04M - Telephonic communication
  • 242
    G06N - Computer systems based on specific computational models
  • 223
    G06K - Recognition of data
  • 159
    Y02D - Climate change mitigation technologies in information and communication technologies [ict], i.e. information and communication technologies aiming at the reduction of thir own energy use

Clinical Trials 1show all


SEC Filings show all






Contact Information

1 Hacker Way
Menlo Park, CA 94025
United States


Total FundingEmployeesLast Funding DateStatus

Crunchbase Investment Rounds

DateAmountRoundValuationLead InvestorOther Investors
2013-06-30Secondary MarketJean-Brice Abrial
2011-03-04Private EquityGeneral Atlantic
2011-05-10Secondary MarketAll Blue Capital
2012-03-10Secondary MarketOakhouse Partners
2005-05-01$12,700,000Series A$98,000,000AccelCambrian Ventures, Mark Pincus, Reid Hoffman
2007-10-24$240,000,000Series C$15,000,000,000Microsoft
2010-06-28$120,000,000Secondary Market$13,920,000,000Elevation PartnersTiger Global Management, TCV
2006-04-01$27,500,000Series B$502,500,000Meritech Capital Partners, Greylock PartnersSV Angel, Accel, Founders Fund
2008-05-01$100,000,000Debt FinancingTriplePoint Capital
2009-05-26$200,000,000Series D$10,000,000,000DST Global
2004-09-01$500,000AngelPeter ThielMark Pincus, Western Technology Investment, Reid Hoffman
2008-03-27$60,000,000Series C$14,820,000,000Horizons Ventures
2007-11-30$60,000,000Series CHorizons Ventures
2011-01-21$1,500,000,000Private Equity$50,000,000,000Goldman Sachs Investment Partners, DST GlobalTiger Global Management
2008-01-15$15,000,000Series CGlobal Founders CapitalECONA AG, Artis Ventures (AV)

SEC Form D Funding Events

2006-07-10Unknown Unknown Other (Paper Filing)

Key Executives

  • Mark Zuckerberg
    Executive Officer, Director
  • Sheryl K Sandberg
    Executive Officer, Director
  • David M Wehner
    Executive Officer
  • Michael T Schroepfer
    Executive Officer
  • Christopher K Cox
    Executive Officer
  • Colin S Stretch
    Executive Officer
  • David B Fischer
    Executive Officer
  • Jas Athwal
    Executive Officer
  • Marc L Andreessen
  • Erskine B Bowles
  • Susan D Desmond-Hellman
  • Donald E Graham
  • Reed Hastings
  • Jan Koum
  • Peter A Thiel