Combinator 8.25 million dollars to invest in start-up companies

Source: Internet
Author: User
Keywords Combinator investment projects
According to foreign media reports, is committed to the venture to provide angel investment funds Combinator recently raised 8.25 million U.S. dollars, of which Sequoia mainly investors, other investors include Ron Conay, Paul Buchheit, Aydin Senkut and XG  Ventures. Combinator the financing will be all invested in its venture capital projects, the company is currently focused on the Internet start-up companies to provide Angel investment, one of the mainstream venture. In March this year, Combinator, the venture capital, began to accept injections of external investors.  Of these 27 companies, 74% have either been profitable or have received commitments from outside investors, some of which will exceed 1 million dollars. Outside investors are interested in these companies, perhaps because these startups are involved in Combinator ventures. Over the past five years, the project has been performing well and has enjoyed a certain reputation in the industry.  However, there are also unsatisfactory places. Combinator has now invested 207 start-ups, including 35 that will be available in June this year. Paul Graham, founder of Combinator, said in a blog post: "Fresh-air investment funds are four times times larger than the previous one, in part because the fund will continue to invest for several years and also because we will be investing in more startups." Combinator recently hired Tagatose (Harjeet Taggar) as a VC partner and venture consultant.  He was the founder of the software company Auctomatic, which accepted Combinator's investment and was acquired by live current media in early 2008. Remail and Appjet, the two companies that Google recently acquired, have accepted investments in combinator ventures. Combinator said the most promising companies to invest in were Airbnb, Clustrix, Dropbox, Justin.tv, Posterous, Reddit, Scribd and Xobni.
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