'Facebook for Scientists' ResearchGate Raises $35M Led By Bill Gates

lterrat's bookmarks 2017-02-24

Summary:

"ResearchGate, the social network for scientists, has raised $35 million in Series C funding led by Microsoft co-founder and philanthropist Bill Gates and Tenaya Capital. The investment was initially reported by The Wall Street Journal Deutschland, although the exact amount is actually higher than originally stated.

The company tells us that it intends on building out its product, including releasing an API to foster the 'open science' movement. Additionally, it will begin experimenting with revenue streams, including adding new features to its job board.

Founded by physicians Ijad Madisch and Sören Hofmayer, and computer specialist Horst Fickenscher in 2008, ResearchGate is akin to Facebook in its infancy. Only those people with an email address from an institution or research company can log into the site. To date, it has nearly 3 million scientists on the platform and claims 30 percent are repeat monthly users. The company estimates that in the world, there are between 7 and 8 million scientists — ResearchGate, based on those statistics, would appear to have nearly half of them using the site."

Link:

https://thenextweb.com/insider/2013/06/04/researchgate-raises-35-million-series-c-from-bill-gates-and-tenaya-capital/

From feeds:

Open Access Tracking Project (OATP) » lterrat's bookmarks

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Date tagged:

02/24/2017, 00:23

Date published:

02/23/2017, 19:23