Indonesia’s Bakrie group leads $25m Path round
Indonesian conglomerate The Bakrie Group has reportedly led a $25 million Series C round of funding for Path, a San Francisco-based social network platform. Existing investors also participated in the round, including Greylock Partners, KPCB, Index Ventures, Insight Venture Partners, Redpoint Venture Partners and First Round Capital.
The latest round brings the total investments in Path to approximately $65 million, including $30 million raised in 2012 and $10 million in 2011. The fresh capital will be used to support growth of user...
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