Quora Raises $50M At $400M From Peter Thiel, D?Angelo Puts In $20M Of His Own Money

Q&A site Quora has raised $50 million at a $400 million pre-money valuation according to a report by the Wall Street Journal and confirmed to me by the founders themselves. We had reported that Quora was raising in this range back in April and it looks like Facebook board member Peter Thiel has beat out many other investors including a much-rumored KPCB to lead the round. Also investing is Matrix's Josh Hannah and Northbridge's Jonathan Heiliger. According to our own sources, Quora co-founder Adam D'Angelo put $20 million of his own money into the Series B financing. Thiel is leading personally and not through Founders Fund, breaking up the remaining $30 million between Matrix and Northbridge.

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