Elevation Partners Invest $120 Million In Facebook As Company Opens India Office

This morning Techcrunch published information about Elevation Partners’ continued investment in Facebook, which has reached $210 million after purchasing $120 million in the private markets. Additionally, Facebook will be making a significant investment in their Indian offices, opening up a 50,000 square foot office which will employ close to 500 people, as first published by The Economic Times.

The news highlights Facebook’s continued expansion and ongoing delay of a public offering. With the company expected to surpass $1 billion in revenue this year, Facebook’s global expansion is not unwarranted.