Y Combinator Raises $8.25 Million

Y Combinator, the successful incubator firm started by Paul Graham has raised $8.25 million in funding from Sequoia Capital, Ron Conway, Paul Buchheit, Aydin Senkut, XG Ventures, and Geoff Ralston. Last year Y Combinator raised $2 million. Y Combinator plans to increase the number of companies that they provide start-up funding to. Since starting in summer 2005, Y Combinator has invested in about 207 startups. [TechCrunch]

Related posts:

1. Sequoia Capital Invests $2 Million Into Y-Combinator
2. WePay Raises $1.65 Million In First Round Of Funding From August Capital, Angel Investors
3. DailyBooth Raises $1 Million From Sequoia, SV Angel, Betaworks, Kevin Rose, and Caterina Fake
4. Blippy Raises $11.2 Million, Now Valued At $46.2 Million
5. Xobni Raises $10.5 Million Second Round Of Funding