Technolgy Rules: GitHub is raising a secondary round

Friday, October 7, 2016

GitHub is raising a secondary round

Workers install a billboard for GitHub Inc. in San Francisco, California, U.S., on Tuesday, Nov. 11, 2014. GitHub, which provides open-source code hosting services and has raised more than $100 million from investors, is among tech startups boosting demand for billboard space around Silicon Valley. Photographer: David Paul Morris/Bloomberg via Getty Images We’re hearing from several sources that a secondary financing round is in the works for GitHub, following its last $250 million financing round that valued it at $2 billion in July last year. However, there’s a little bit of interesting chatter beyond that they’re raising a secondary for potential liquidation of investors or employees, we hear. There are two parts to the… Read More