Facebook is participating at  Web Summit
Headquarters:
Menlo Park, CA
Description:
Facebook is an online social networking service that allows users to connect with friends and family, and make new connections.
Founders:
Eduardo Saverin, Chris Hughes, Dustin Moskovitz, Mark Zuckerberg, Andrew McCollum
Categories:
Communities, Identity, All Students, Colleges, Facebook Applications, Social Media
Website:
http://facebook.com

Company Details

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Founded:
February 4, 2004
Employees:
5k - 10k | 147 in CrunchBase

Facebook is an online social networking service that allows users to connect with friends and family, and make new connections. It provides its users with the ability to create a profile, update information, add images, send friend requests, and accept requests from other users. Its features include status updates, photo tagging, photo sharing, and more.

Its profile structure includes a timeline, information related to the user, images of the user, images added by friends of the user, notes, pages, groups, and more.

It enables users to create pages related to entertainment, sports, business, finance, preferences, hobbies, culture, religion, causes, organizations, and a number of other categories. It also enables its users to join or create groups related to a vast number of categories.

With millions more users, Friendster attempted to acquire the company for $10 million in mid-2004. Facebook turned down the offer and subsequently received $12.7 million in funding from Accel Partners, at a valuation of around $100 million. Facebook continued to grow, opening up to high school students in September 2005 and adding a photo sharing feature the next month. The next spring, Facebook received $25 million in funding from Greylock Partners and Meritech Capital, as well as previous investors Accel Partners and Peter Thiel. The pre-money valuation for this deal was about $525 million. Facebook subsequently opened up to work networks, eventually amassing over 20,000 work networks. Finally in September 2006, Facebook opened to anyone with an email address.

Facebook continued to receive funding, most notably in January 2011 receiving a $1.5 billion round, valuing the company at $50 billion. A year later, in February 2012, Facebook announced that it was filing for its long-anticipated initial public offering. The company went public on May 18, 2012, opening on the NASDAQ with shares trading at $42.05.

Facebook announced positive numbers in February 2012 upon filing for its IPO. As of July 2013, over 1.15 billion users log into Facebook every month, and 669 million users log in daily. Mobile users now make up half of Facebook’s user base, with 819 million monthly actives. Facebook is one of the most trafficked sites in the US. Additionally, Facebook is the top photo sharing site with 250 million photos uploaded per day.

The company has strategic partnership with AXA Group to develop marketing and commercial collaboration in the digital, social, and mobile sphere.

It is currently the owner of many apps and services. It is the world’s largest social network, with over 1.32 billion monthly active users.

Facebook was founded by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. It was founded on February 4, 2004, and is based in Menlo Park, California. Its current CEO is by Mark Zuckerberg.

Funding Rounds (11) - $2.4B

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Investments (4)

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Sub Organizations (2)

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    Facebook Platform

    Facebook announced the deployment of the Facebook Platform during the f8 conference on May 24, 2007.
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    Facebook News Feed

    Facebook's News Feed is a bulletin on users' home pages that automatically broadcasts their friends' most important activities.
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    Facebook Mobile

    Facebook's Mobile app allows users to check their latest photos and status updates, use Facebook Chat, and update their location.
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    Facebook Chat

    Facebook Chat is a service which allows for real-time communication with Facebook friends. Introduced in 2008, Facebook Chat is available
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    Facebook Connect

    Facebook Connect allow users to connect their Facebook identity, friends and, privacy to any website.
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    Facebook Places

    Facebook's Places is a location function within the Facebook application on mobile phones. Facebook's Places allows its users to post to
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    Facebook Zero

    Facebook Zero is a light-weight, text-only version of facebook.com that omits data intensive applications like Photos.
  • Iwzetvzy7r8yu6u24gne

    Facebook Lite

    Facebook Lite was a slimmed-down version of the popular social-networking site, Facebook.

Offices/Locations (3)

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  • Europe HQ

    Dublin,

    IRL

  • Headquarters

    1601 Willow Road

    Menlo Park, CA 94025

    USA

  • New York

    340 Madison Ave

    New York, NY 10017

    USA

  • 35170855f6f4c1ba323a2ccba1c065d0

    Browse on

    Browse on was founded in 1998
  • Dbb66594bc72573c5c6e27c60c4535e8

    Tackk

    Tackk is a web platform that allows anyone to create and share messages, photos, videos, maps, music and more without any log-in details.
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    AOL

    AOL is a Brand company committed to innovating, growing and investing in brands and experiences that inform, entertain and connect the world
  • Af673cede215846934e1297c3933e64d

    Bebo

    Bebo is a social networking site allowing users to create profiles, connect with friends, watch videos, and listen to music.
  • F0ff8bb20c65c733435470bcca7cefae

    Flickr

    Flickr is a mobile application and social network that offers an online photo sharing network for its users.
  • A5aa6faa2105afc046a3b32e51977a7e

    hi5

    Hi5 is a social networking site that allows its users to create, upload, and share content with other members.
  • Edf5c6a546023b6f28206e73a443ea10

    FriendFeed

    FriendFeed is a feed aggregator that consolidates updates from social media, social bookmarking websites, blogs and micro-blogging sites.
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    Slide

    Slide enables users to create and personalize widgets and use them on social networks, blogs and desktops.

Partners (2)

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  • Cb21cfff35efafe7fdb4945e7bc71c59

    Acxiom

    Acxiom is a SaaS-based company providing enterprise data analytics to fuel data-driven results.
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    Datalogix

    Datalogix uses digital media and offline purchasing data to provide analytics and meaningful insights to marketers.

Customers (1)

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  • Dxbvmitnrtj0kun3ic8r

    Ouyeaa

    Ouyeaa is a web-search platform for booking leisure activities and bachelor parties.

Upcoming Event Appearances (2)

Web Summit

Nov 4, 2014 - Nov 6, 2014

RDS, RDS Dublin, Ireland, Dublin, Dublin, IRL

Dubbed the best technology conference, Web Summit attracts Fortune 500 companies and startups alike.

Exhibitor

Past Event Appearances (2)

Images (1)

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