Factual Raises $1 Million Seed Round From Andreessen Horowitz, Idealab, And Angels

If you co-founded the company that became Google AdSense, as Gil Elbaz did with Applied Semantics, you don't have any problem finding investors when you want to start a new venture. Elbaz sold Applied Semantics to Google for $100 million in 2003, and launched his latest startup, Factual, last October. He doesn't really need the money, but so many all-star investors were clamoring to get in that he raised just over $1 million in an angel round. His angel investors include Marc Andreessen and Ben Horowitz via their Andreessen Horowitz fund, Bill Gross via Idealab, Esther Dyson, Demand Media CEO Richard Rosenblatt, Danny Rimer of Index Ventures, former MySQL CEO MÃ¥rten Mickos, as well as New York City seed fund the Founder Collective.