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An Update From Gil

Hello all,

I wanted to give you an update on some exciting new developments. Since our launch in October 2009, we’ve been very busy at our offices in Los Angeles and Shanghai – expanding the company, fine-tuning the product, launching new features, and learning from our ever-growing community. Factual tables are already demonstrating the power and usefulness of our large-scale open data platform. For example, Creative Commons tweeted about the 4 million record website data table which can be easily filtered to show who is using CC licenses.

After we launched Factual, I set out to garner support from a targeted list of industry luminaries who believe in Factual’s mission to build a powerful open data platform used and supported by an enthusiastic community. And today I’m very happy to announce that we’ve attracted a group of early-stage investors that will guide us as we work to refine our product, hire exceptional employees, and tackle exciting new markets.

Our investors are an A-list group of accomplished internet and software pioneers. They include:

  • Andreessen Horowitz - Founders, Marc Andreessen, Ben Horowitz
  • Bill Gross - Founder/Chairman, Idealab
  • Danny Rimer - Index Ventures
  • Esther Dyson - Founder, EDventure Holdings
  • Founder Collective
  • Gunderson Dettmer
  • Lee and June Stein
  • Mårten Mickos, former CEO of MySQL
  • Miramar Venture Partners
  • Richard Rosenblatt - CEO, Demand Media
  • Scott Kurnit - Founder, About.com
  • Thomas Lehrman - Founder, Gerson Lehrman Group
  • Tom Unterman - Founder, Rustic Canyon Ventures

We are looking forward to working with this astute group of advisors and gleaning their insights. Of course, this now means that the Factual team will be working twice as hard in 2010 – to not only meet and exceed the expectations of our investors, but to achieve our goal of bringing greater transparency, accuracy and openness to data. Towards our goal of transparency, I hope to tweet and blog more this year, so check back here or follow us on Twitter (@factual or @gilelbaz) or Facebook (/factual) for the latest.

Thanks again to our group of investors. Let’s make 2010 the year of “open”!

Factually yours,
Gil