Peter Thiel's Founders Fund nabs $1.3 bn funding
Founders Fund, a San Francisco-based VC firm, has raised $1.3 billion in its sixth round of funding. Peter Thiel, an investor in Facebook and SpaceX and Co-founder of PayPal, will remain at the helm, with partners Lauren Gross, Ken Howery, Geoff Lewis, Scott Nolan, Luke Nosek and Brian Singerman. With this, Founders Fund has raised over $3 billion. 