Facebook Takes Out $100 Million Loan for Server Farms

In an effort to fund the build-out of its server infrastructure around the world, Facebook has secured a $100 million loan from Menlo Park’s TriplePoint Capital, BusinessWeek’s Spencer Ante reports. The funding comes in the form of a loan, and no equity is involved. The company has raised over $360 million in venture capital in the last year – $240 million from ad partner Microsoft, and $120 million from Chinese billionaire Li Ka-Shing.