Will $30 million in Series B help Path rise to its potential?
Path has confirmed it has raised $30 million in Series B funding. The round was lead by Redpoint Ventures, with participation from Greylock Partners, David Sze, Satish Dharmaraj, Jerry Murdock, Sir Richard Branson, Mark Pincus, Allen & Company and others. Previous backers Kleiner Perkins Caufield & Byers and Index Ventures also participated.
In February, Path revealed it has passed 2 million registered users, more than half of which had joined since the service relaunched in December as a personal journal app, pivoting from its original vision as a private photo-sharing service.
Since
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