Thursday June 16, 2016

Zuckerberg's Philanthropy Project Makes First Major Investment

Mark Zuckerberg's philanthropy venture the Chan Zuckerberg Initiative has made its first major investment in a start up that trains and recruits software developers in Africa.

The Chan Zuckerberg Initiative LLC, created by Zuckerberg and his wife Priscilla Chan, led a $24 million Series B funding in Andela, the startup said on Thursday. Alphabet Inc's GV, previously known as Google Ventures, was also part of the funding round.