GitHub to Seek $2 Billion Valuation in Latest Funding Round
ByJuly 10 (Bloomberg) — Tom Preston-Werner, chief executive officer and co-founder of GitHub Inc., talks about Andreessen Horowitz’s $100 million dollar investment in the startup that has developed tools for online communities of software developers. He speaks with Deirdre Bolton on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)
GitHub Inc., a startup that helps companies and developers build software, is seeking to raise about $200 million in a new private-funding round, people familiar with the matter said.
The Series B round may value San Francisco-based GitHub about $2 billion, said the people, who asked not to be named because the process is still under way.
GitHub, founded in 2008, didn’t accept venture capital funds until Andreessen Horowitz contributed $100 million in 2012. The investment, which was the firm’s largest single deal at the time, valued GitHub at about $750 million, a person with knowledge of the deal said…
GitHub to Seek $2 Billion Valuation in Latest Funding Round
