Factual Raises $1m From A-List Investors, Andreessen et al....
Factual is an interesting company, it is trying to establish an "open data platform' where people can create and share huge amounts of data in the form of tables. One such project is the 4 million record website data table that shows which sites use Creative Commons licenses.
Gil Elbaz is the founder, his company Applied Semantics was acquired by Google in 2003. The basic idea is that if more data were available in a structured format, people could make better decisions.
Gil Elbaz reported today that he has raised $1 million in seed financing from a Silicon Valley A-list:
Andreessen Horowitz - Founders, Marc Andreessen, Ben Horowitz
Bill Gross - Founder/Chairman, Idealab
Danny Rimer - Index Ventures
Esther Dyson - Founder, EDventure Holdings
Lee and June Stein
Mårten Mickos, former CEO of MySQL
Miramar Venture Partners
Richard Rosenblatt - CEO, Demand Media
Scott Kurnit - Founder, About.com
Thomas Lehrman - Founder, Gerson Lehrman Group
Tom Unterman - Founder, Rustic Canyon Ventures