Thursday, January 20, 2011

Facebook Billionaire Eduardo Saverin Leads Qwiki?s $8 Million Round

TechCrunch Disrupt winner Qwiki has closed its $8 million series A financing, which I first reported a couple weeks ago when it was midway through the round. Now we know the investors, and it is a very interesting group. The largest investor who led the round turns out to be Eduardo Saverin, the early Facebook co-founder who was pushed out of the company but walked away with enough shares to make him a billionaire. Saverin watched Qwiki's demo at Disrupt streamed over the Internet from Singapore, where he now lives. Saverin reached out and met with the founders, and they clicked.

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