Founders Fund Raises $625M

Founders Fund: $625 million raised for Peter Thiel's Founders Fund, an early backer of companies including Facebook and Spotify. The team plans to invest the new capital in a mix of early-stage technology start-ups, reportedly focusing on "learning software, communications tools, robotics, and advanced programs that help people make sense of an ever-growing amount of data." Pssst--this includes you, edtech! More details from peHUB and NYTimes.

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